1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, March 18, 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 $ 298,959 $ 298,526 $ 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 $ 298,959 $ 298,526 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, March 18, 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) 15 396 5,594 Air Transport Security Fees $ 1 $ 19 $ 1,499 Cash FTD's Received (Table IV) 9,121 189,814 1,282,739 Commodity Credit Corporation programs 167 449 1,331 Customs and Certain Excise Taxes 83 1,067 20,121 Deposits by States: Supplemental Security Income 2 44 1,524 Unemployment 16 316 12,201 Education Department programs 178 3,783 27,540 Energy Department programs 10 163 3,510 Estate and Gift Taxes 46 822 9,596 Federal Reserve Earnings 0 5,633 63,776 Foreign Deposits, Military Sales 52 2,758 17,490 Housing and Urban Development programs 4 124 1,656 Individual Income and Employment Taxes, Not Withheld 255 8,212 131,948 Interest recd from cash investments 0 0 0 Justice Department programs 44 1,017 7,348 Postal Service 295 5,170 44,094 Public Debt Cash Issues (Table III-B) 917 473,849 3,769,297 Other Deposits: International Monetary Fund 193 499 17,850 Medicare Premiums 123 1,000 12,958 Thrift Savings Plan Transfer 162 2,363 17,533 Total Other Deposits 478 6,447 80,839 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 11,683 700,083 5,482,103 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 11,683 $ 700,083 $ 5,482,103 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, March 18, 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 $ 411 $ 13,776 Defense Vendor Payments (EFT) 1,752 16,208 134,550 Education Department programs 459 7,615 93,547 Energy Department programs 148 1,987 14,982 Federal Employees Insurance Payments 214 3,955 34,737 Fed. Highway Administration programs 213 1,843 17,449 Federal Salaries (EFT) 93 8,123 79,778 Food and Nutrition Service (misc) 108 1,761 14,727 GSA programs 35 1,182 8,368 Health and Human Services Grants (misc) 273 5,437 45,349 Housing and Urban Development programs 106 4,806 34,774 Interest on Treasury Securities 0 675 113,119 IRS Tax Refunds Business (EFT) 18 980 11,843 IRS Tax Refunds Individual (EFT) 1,913 44,357 170,039 Justice Department programs 58 891 7,208 Labor Dept. prgms (excl. unemployment) 43 871 6,762 Medicaid 562 20,888 167,192 Medicare and Other CMS Payments 1,667 19,661 176,559 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 4 13,490 NASA programs 65 847 8,287 Postal Service Money Orders and Other 117 2,225 18,632 Public Debt Cash Redemp. (Table III-B) 965 391,101 3,232,109 Social Security Benefits (EFT) 45 53,215 392,565 Supple. Nutrition Assist. Program (SNAP) 201 4,151 34,039 Temporary Assistance for Needy Families (HHS) 11 720 7,166 Transportation Security Admin. (DHS) 8 123 1,063 Unemployment Insurance Benefits 56 2,165 16,144 Veterans Affairs programs 192 3,244 25,545 Other Withdrawals: Agency for Internat'l Development 61 644 6,818 HHS Deposit Fund Transfers to States 1/ 100 539 890 HHS: Indian Health Service 66 776 2,536 Interior 65 678 4,336 Pmt. to Int'l Bk for Reconstruction 221 399 399 Thrift Savings Plan Transfer 534 2,678 16,424 Unclassified 856 19,112 117,924 Total, Other Withdrawals 1,903 53,593 355,546 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,249 673,483 5,381,860 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,249 $ 673,483 $ 5,381,860 Net Change in Operating Cash Balance $ 433 $ 26,600 $ 100,243 1/Transfer by HHS from Federal Tax Refund Offset Program to various State agencies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, March 18, 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 $ 0 $ 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 55 803 -8,631 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 48 396 Interest Increment 1 415 2,516 Government Account Series 391,144 5,339,197 35,107,861 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 8,938 28,954 Other 915 14,399 124,317 Total Issues $ 392,116 $ 5,815,802 $ 38,879,979 (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 $ 0 $ 339,997 $ 2,402,006 Notes 0 32,000 663,129 Bonds 0 0 11,014 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 36 614 5,063 Government Account Series 376,386 5,347,162 34,595,039 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 14 4,083 26,597 Other 915 14,406 124,300 Total Redemptions $ 377,351 $ 5,738,263 $ 37,827,602 Net Change in Public Debt Outstanding $ 14,765 $ 77,539 $ 1,052,377 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, March 18, 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) $ 392,116 $ 5,815,802 $ 38,879,979 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 0 485 2,429 Bonds and Notes (-) 0 1,052 4,795 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 391,144 5,339,197 35,107,861 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 415 2,516 Inflation-Protected Securities Increment 55 803 -8,967 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 917 $ 473,849 $ 3,769,297 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 377,351 $ 5,738,263 $ 37,827,602 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 (-) 376,386 5,347,162 34,595,039 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 965 $ 391,101 $ 3,232,109 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, March 18, 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 $ 13,871,715 $ 13,872,098 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,331,279 5,316,131 5,340,266 5,026,770 Total Public Debt Outstanding 19,202,994 19,188,229 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,249 23,272 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 $ 19,164,223 $ 19,149,435 $ 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 Friday, March 18, 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 $ 8,605 $ 152,302 $ 1,113,077 Individual Income Taxes 151 2,486 26,043 Railroad Retirement Taxes 16 324 2,800 Excise Taxes 36 3,207 35,253 Corporation Income Taxes 312 36,975 145,436 Federal Unemployment Taxes 4 56 4,198 Estate and Gift Taxes & Misc IRS Rcpts. 5 37 471 Total $ 9,129 $ 195,387 $ 1,327,278 Cash Federal Tax Deposits: Direct $ 46 $ 1,259 $ 14,890 Through Depositaries 9,075 188,555 1,267,849 Total Cash FTD's $ 9,121 $ 189,814 $ 1,282,739 Inter-agency Transfers 8 5,573 44,538 Total $ 9,129 $ 195,387 $ 1,327,278 ___________________________________________________________________________________________ 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 Friday, March 18, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ Classification This Fiscal Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 212 $ 3,438 $ 20,077 IRS Tax Refunds Business (EFT) 18 980 11,843 IRS Tax Refunds Individual (Checks) 1,273 7,185 27,439 IRS Tax Refunds Individual (EFT) 1,913 44,357 170,039 operationsmfor themFederal tGovernment.tTreasury'suoperating cashdistmaintained 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.