1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, March 21, 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 $ 304,545 $ 298,959 $ 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 $ 304,545 $ 298,959 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, March 21, 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) 21 418 5,615 Air Transport Security Fees $ 3 $ 21 $ 1,502 Cash FTD's Received (Table IV) 14,796 204,610 1,297,535 Commodity Credit Corporation programs 2 451 1,333 Customs and Certain Excise Taxes 83 1,150 20,204 Deposits by States: Supplemental Security Income 6 50 1,530 Unemployment 12 328 12,213 Education Department programs 242 4,024 27,781 Energy Department programs 30 193 3,539 Estate and Gift Taxes 33 855 9,629 Federal Reserve Earnings 0 5,633 63,776 Foreign Deposits, Military Sales 30 2,788 17,520 Housing and Urban Development programs 3 127 1,659 Individual Income and Employment Taxes, Not Withheld 519 8,731 132,467 Interest recd from cash investments 0 0 0 Justice Department programs 7 1,025 7,355 Postal Service 358 5,528 44,452 Public Debt Cash Issues (Table III-B) 925 474,774 3,770,223 Other Deposits: Medicare Premiums 596 1,596 13,555 Thrift Savings Plan Transfer 259 2,622 17,792 Total Other Deposits 855 7,302 81,694 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 17,925 718,009 5,500,028 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 17,925 $ 718,009 $ 5,500,028 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, March 21, 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 $ 27 $ 437 $ 13,802 Defense Vendor Payments (EFT) 1,530 17,738 136,080 Education Department programs 515 8,130 94,062 Energy Department programs 73 2,060 15,054 Federal Employees Insurance Payments 210 4,164 34,947 Fed. Highway Administration programs 93 1,936 17,543 Federal Salaries (EFT) 74 8,197 79,851 Food and Nutrition Service (misc) 251 2,012 14,978 GSA programs 60 1,242 8,429 Health and Human Services Grants (misc) 305 5,742 45,654 Housing and Urban Development programs 102 4,908 34,876 Interest on Treasury Securities 0 675 113,119 IRS Tax Refunds Business (EFT) 59 1,039 11,902 IRS Tax Refunds Individual (EFT) 1,566 45,924 171,605 Justice Department programs 80 971 7,288 Labor Dept. prgms (excl. unemployment) 28 899 6,790 Medicaid 655 21,542 167,847 Medicare and Other CMS Payments 1,694 21,355 178,253 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 4 13,490 NASA programs 33 880 8,320 Postal Service Money Orders and Other 122 2,348 18,754 Public Debt Cash Redemp. (Table III-B) 985 392,085 3,233,093 Social Security Benefits (EFT) 46 53,260 392,610 Supple. Nutrition Assist. Program (SNAP) 514 4,666 34,554 Temporary Assistance for Needy Families (HHS) 80 800 7,246 Transportation Security Admin. (DHS) 13 136 1,076 Unemployment Insurance Benefits 93 2,258 16,237 Veterans Affairs programs 183 3,428 25,728 Other Withdrawals: International Monetary Fund 196 253 15,551 Thrift Savings Plan Transfer 286 2,964 16,709 Unclassified 2,467 21,579 120,391 Total, Other Withdrawals 2,948 56,541 358,494 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,339 685,822 5,394,199 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,339 $ 685,822 $ 5,394,199 Net Change in Operating Cash Balance $ 5,586 $ 32,186 $ 105,829 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, March 21, 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 $ -2 $ 395,999 $ 2,556,951 Cash Management Series 0 0 95,007 Notes 0 44,001 870,326 Bonds 0 12,000 99,595 Inflation-Protected Securities Increment 162 965 -8,469 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 5 54 401 Interest Increment 4 419 2,520 Government Account Series 378,534 5,717,731 35,486,395 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 8 8,945 28,961 Other 915 15,314 125,231 Total Issues $ 379,625 $ 6,195,427 $ 39,259,604 (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 1 11,014 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 49 662 5,112 Government Account Series 376,037 5,723,200 34,971,076 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 21 4,104 26,618 Other 915 15,321 125,214 Total Redemptions $ 377,022 $ 6,115,285 $ 38,204,624 Net Change in Public Debt Outstanding $ 2,603 $ 80,142 $ 1,054,980 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, March 21, 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) $ 379,625 $ 6,195,427 $ 39,259,604 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 (-) 378,534 5,717,731 35,486,395 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 419 2,520 Inflation-Protected Securities Increment 162 965 -8,805 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 925 $ 474,774 $ 3,770,223 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 377,022 $ 6,115,285 $ 38,204,624 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 (-) 376,037 5,723,200 34,971,076 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 985 $ 392,085 $ 3,233,093 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, March 21, 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 $ 13,871,782 $ 13,871,715 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,333,815 5,331,279 5,340,266 5,026,770 Total Public Debt Outstanding 19,205,597 19,202,994 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,182 23,249 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 $ 19,166,893 $ 19,164,223 $ 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 Monday, March 21, 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 $ 14,475 $ 166,777 $ 1,127,553 Individual Income Taxes 213 2,700 26,256 Railroad Retirement Taxes 38 362 2,838 Excise Taxes 17 3,224 35,270 Corporation Income Taxes 67 37,041 145,503 Federal Unemployment Taxes 4 60 4,201 Estate and Gift Taxes & Misc IRS Rcpts. 1 38 471 Total $ 14,815 $ 210,202 $ 1,342,092 Cash Federal Tax Deposits: Direct $ 49 $ 1,308 $ 14,939 Through Depositaries 14,747 203,302 1,282,596 Total Cash FTD's $ 14,796 $ 204,610 $ 1,297,535 Inter-agency Transfers 19 5,592 44,557 Total $ 14,815 $ 210,202 $ 1,342,092 ___________________________________________________________________________________________ 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 Monday, March 21, 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) $ 62 $ 3,500 $ 20,139 IRS Tax Refunds Business (EFT) 59 1,039 11,902 IRS Tax Refunds Individual (Checks) 242 7,427 27,682 IRS Tax Refunds Individual (EFT) 1,566 45,924 171,605 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.