1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, March 17, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Type of account balance This This today Today month fiscal year ____________________________________________________________________________________________ Federal Reserve Account $ 298,526 $ 279,081 $ 272,359 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 298,526 $ 279,081 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, March 17, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE II Deposits and Withdrawals of Operating Cash ___________________________________________________________________________________________ This Fiscal Deposits Today month year to date to date ____________________________________________________________________________________________ Federal Reserve Account: Agriculture Loan Repayments (misc) 67 382 5,579 Air Transport Security Fees $ 1 $ 18 $ 1,498 Cash FTD's Received (Table IV) 3,207 180,693 1,273,618 Commodity Credit Corporation programs 49 282 1,164 Customs and Certain Excise Taxes 73 984 20,039 Deposits by States: Supplemental Security Income 4 43 1,522 Unemployment 17 299 12,185 Education Department programs 165 3,604 27,361 Energy Department programs 23 153 3,500 Estate and Gift Taxes 48 776 9,550 Federal Reserve Earnings 0 5,633 63,776 Foreign Deposits, Military Sales 156 2,706 17,438 Housing and Urban Development programs 3 121 1,652 Individual Income and Employment Taxes, Not Withheld 302 7,957 131,693 Interest recd from cash investments 0 0 0 Justice Department programs 9 973 7,304 Postal Service 307 4,875 43,799 Public Debt Cash Issues (Table III-B) 131,769 472,932 3,768,381 Other Deposits: Deposit Insurance Fund 597 942 4,329 Total Other Deposits 597 5,969 80,361 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 136,795 688,401 5,470,420 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 136,795 $ 688,401 $ 5,470,420 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, March 17, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ This Fiscal Withdrawals Today month year to date to date ____________________________________________________________________________________________ Federal Reserve Account: Commodity Credit Corporation programs $ 24 $ 386 $ 13,751 Defense Vendor Payments (EFT) 1,438 14,456 132,798 Education Department programs 513 7,157 93,089 Energy Department programs 187 1,839 14,834 Federal Employees Insurance Payments 271 3,740 34,523 Fed. Highway Administration programs 88 1,630 17,237 Federal Salaries (EFT) 726 8,030 79,685 Food and Nutrition Service (misc) 178 1,653 14,619 GSA programs 75 1,147 8,334 Health and Human Services Grants (misc) 473 5,164 45,076 Housing and Urban Development programs 148 4,700 34,668 Interest on Treasury Securities 0 675 113,119 IRS Tax Refunds Business (EFT) 76 962 11,825 IRS Tax Refunds Individual (EFT) 1,054 42,457 168,139 Justice Department programs 70 833 7,150 Labor Dept. prgms (excl. unemployment) 82 828 6,719 Medicaid 3,543 20,326 166,630 Medicare and Other CMS Payments 1,364 17,994 174,892 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 4 13,490 NASA programs 51 782 8,222 Postal Service Money Orders and Other 107 2,108 18,514 Public Debt Cash Redemp. (Table III-B) 104,495 390,136 3,231,144 Social Security Benefits (EFT) 55 53,169 392,519 Supple. Nutrition Assist. Program (SNAP) 231 3,950 33,838 Temporary Assistance for Needy Families (HHS) 32 709 7,155 Transportation Security Admin. (DHS) 31 115 1,055 Unemployment Insurance Benefits 106 2,109 16,088 Veterans Affairs programs 210 3,053 25,354 Other Withdrawals: Agency for Internat'l Development 58 583 6,757 Agriculture 283 952 6,489 HHS: Indian Health Service 59 710 2,470 State Department 57 1,048 5,342 Thrift Savings Plan Transfer 89 2,144 15,889 Unclassified 1,179 18,243 117,055 Total, Other Withdrawals 1,725 51,677 353,631 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 117,351 662,234 5,370,610 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 117,351 $ 662,234 $ 5,370,610 Net Change in Operating Cash Balance $ 19,444 $ 26,167 $ 99,810 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, March 17, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-A Public Debt Transactions ___________________________________________________________________________________________ This Fiscal Issues Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills: Regular Series $ 126,999 $ 396,001 $ 2,556,953 Cash Management Series 0 0 95,007 Notes 0 44,001 870,326 Bonds 0 12,000 99,595 Inflation-Protected Securities Increment 54 748 -8,685 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 46 394 Interest Increment 3 414 2,514 Government Account Series 384,921 4,948,054 34,716,718 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3,546 8,938 28,954 Other 1,342 13,485 123,402 Total Issues $ 516,869 $ 5,423,686 $ 38,487,863 (Stated at face value except for savings and retirement plan securities which are stated at current redemption values.) ___________________________________________________________________________________________ This Fiscal Redemptions Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills $ 103,000 $ 339,997 $ 2,402,006 Notes 0 32,000 663,129 Bonds 0 0 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 39 577 5,026 Government Account Series 375,544 4,970,777 34,218,653 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 116 4,070 26,584 Other 1,340 13,491 123,385 Total Redemptions $ 480,039 $ 5,360,912 $ 37,450,251 Net Change in Public Debt Outstanding $ 36,830 $ 62,774 $ 1,037,611 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, March 17, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis ___________________________________________________________________________________________ This Fiscal Transactions Today month year to date to date ____________________________________________________________________________________________ Public Debt Cash Issues: Public Debt Issues (Table III-A) $ 516,869 $ 5,423,686 $ 38,487,863 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 122 485 2,429 Bonds and Notes (-) 0 1,052 4,795 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 384,921 4,948,054 34,716,718 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 414 2,514 Inflation-Protected Securities Increment 54 748 -9,022 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 131,769 $ 472,932 $ 3,768,381 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 480,039 $ 5,360,912 $ 37,450,251 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 375,544 4,970,777 34,218,653 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 104,495 $ 390,136 $ 3,231,144 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, March 17, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Balance Transactions balance This This today Today month fiscal year ____________________________________________________________________________________________ Debt Held by the Public $ 13,872,098 $ 13,844,765 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,316,131 5,306,634 5,340,266 5,026,770 Total Public Debt Outstanding 19,188,229 19,151,399 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,272 23,172 23,153 24,350 Federal Financing Bank 15,000 15,000 15,000 12,315 Hope Bonds 39 39 39 494 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 19,149,435 $ 19,112,705 $ 19,086,780 $ 18,112,975 Statutory Debt Limit * * * $ 18,113,000 *Statutory debt limit temporarily suspended through March 15, 2017 Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday, March 17, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE IV Federal Tax Deposits ___________________________________________________________________________________________ This Fiscal Classification Today month year to date to date ____________________________________________________________________________________________ Withheld Income and Employment Taxes $ 3,009 $ 143,697 $ 1,104,472 Individual Income Taxes 107 2,336 25,892 Railroad Retirement Taxes 1 307 2,784 Excise Taxes 15 3,171 35,216 Corporation Income Taxes 386 36,662 145,124 Federal Unemployment Taxes 3 53 4,194 Estate and Gift Taxes & Misc IRS Rcpts. 2 33 466 Total $ 3,523 $ 186,258 $ 1,318,149 Cash Federal Tax Deposits: Direct $ 40 $ 1,213 $ 14,845 Through Depositaries 3,168 179,480 1,258,774 Total Cash FTD's $ 3,207 $ 180,693 $ 1,273,618 Inter-agency Transfers 316 5,565 44,530 Total $ 3,523 $ 186,258 $ 1,318,149 ___________________________________________________________________________________________ TABLE V Short-Term Cash Investments ___________________________________________________________________________________________ Type of Depositary Balance Transactions ______________________________________ Total A B C ____________________________________________________________________________________________ Opening Balance Today $ 0 $ 0 $ 0 $ 0 Deposits: Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today $ 0 $ 0 $ 0 $ 0 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday, March 17, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ This Fiscal Classification Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 164 $ 3,225 $ 19,865 IRS Tax Refunds Business (EFT) 76 962 11,825 IRS Tax Refunds Individual (Checks) 299 5,912 26,166 IRS Tax Refunds Individual (EFT) 1,054 42,457 168,139 This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in an account at the Federal Reserve Bank of New York and in short-term cash investments. Treasury minimized and then suspended its short-term cash investment program beginning in November 2008, but anticipates investing again when market conditions warrant. Major information sources include: Federal Reserve Banks, Treasury Regional Financial Centers, Internal Revenue Service Centers, various electronic systems, and information on the Public Debt. Information is presented on a modified cash basis. Deposits are reflected as received and withdrawals are reflected as processed. SOURCE: Bureau of the Fiscal Service, Department of the Treasury. Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the Fiscal Service website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9789.