1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, March 22, 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 $ 301,036 $ 304,545 $ 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 $ 301,036 $ 304,545 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, March 22, 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) 97 515 5,712 Air Transport Security Fees $ 2 $ 23 $ 1,504 Cash FTD's Received (Table IV) 2,246 206,856 1,299,781 Commodity Credit Corporation programs 8 459 1,341 Customs and Certain Excise Taxes 2,058 3,208 22,263 Deposits by States: Supplemental Security Income 6 57 1,536 Unemployment 12 340 12,225 Education Department programs 380 4,404 28,161 Energy Department programs 41 233 3,580 Estate and Gift Taxes 155 1,010 9,784 Federal Reserve Earnings 0 5,633 63,776 Foreign Deposits, Military Sales 38 2,826 17,558 Housing and Urban Development programs 65 192 1,724 Individual Income and Employment Taxes, Not Withheld 635 9,366 133,103 Interest recd from cash investments 0 0 0 Justice Department programs 6 1,031 7,361 Postal Service 384 5,912 44,836 Public Debt Cash Issues (Table III-B) 1,109 475,883 3,771,331 Other Deposits: Medicare Premiums 51 1,647 13,606 Thrift Savings Plan Transfer 104 2,726 17,896 Total Other Deposits 155 7,457 81,849 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 7,396 725,405 5,507,424 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 7,396 $ 725,405 $ 5,507,424 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, March 22, 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 $ 41 $ 478 $ 13,843 Defense Vendor Payments (EFT) 1,356 19,094 137,435 Education Department programs 436 8,566 94,498 Energy Department programs 74 2,134 15,128 Federal Employees Insurance Payments 255 4,419 35,202 Fed. Highway Administration programs 93 2,029 17,635 Federal Salaries (EFT) 53 8,250 79,905 Food and Nutrition Service (misc) 60 2,071 15,038 GSA programs 33 1,275 8,462 Health and Human Services Grants (misc) 294 6,036 45,948 Housing and Urban Development programs 151 5,059 35,027 Interest on Treasury Securities 0 675 113,119 IRS Tax Refunds Business (EFT) 216 1,254 12,118 IRS Tax Refunds Individual (EFT) 1,290 47,214 172,896 Justice Department programs 63 1,034 7,351 Labor Dept. prgms (excl. unemployment) 45 944 6,835 Medicaid 752 22,294 168,599 Medicare and Other CMS Payments 1,866 23,221 180,119 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 4 13,490 NASA programs 40 920 8,361 Postal Service Money Orders and Other 103 2,450 18,857 Public Debt Cash Redemp. (Table III-B) 968 393,053 3,234,061 Social Security Benefits (EFT) 50 53,311 392,661 Supple. Nutrition Assist. Program (SNAP) 199 4,865 34,753 Temporary Assistance for Needy Families (HHS) 19 819 7,265 Transportation Security Admin. (DHS) 10 145 1,085 Unemployment Insurance Benefits 302 2,560 16,539 Veterans Affairs programs 223 3,651 25,951 Other Withdrawals: Centers for Disease Control 93 400 2,661 Export-Import Bank 56 109 2,608 Unclassified 1,767 23,346 122,158 Total, Other Withdrawals 1,916 58,457 360,411 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,906 696,728 5,405,105 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,906 $ 696,728 $ 5,405,105 Net Change in Operating Cash Balance $ -3,510 $ 28,677 $ 102,320 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, March 22, 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 $ 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 56 1,021 -8,413 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 57 404 Interest Increment 3 422 2,522 Government Account Series 381,597 6,099,328 35,867,993 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 192 9,137 29,153 Other 914 16,228 126,145 Total Issues $ 382,764 $ 6,578,192 $ 39,642,368 (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 45 707 5,156 Government Account Series 376,051 6,099,251 35,347,127 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 9 4,113 26,627 Other 914 16,235 126,129 Total Redemptions $ 377,019 $ 6,492,304 $ 38,581,643 Net Change in Public Debt Outstanding $ 5,745 $ 85,888 $ 1,060,725 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, March 22, 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) $ 382,764 $ 6,578,192 $ 39,642,368 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 (-) 381,597 6,099,328 35,867,993 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 422 2,522 Inflation-Protected Securities Increment 56 1,021 -8,749 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,109 $ 475,883 $ 3,771,331 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 377,019 $ 6,492,304 $ 38,581,643 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 (-) 376,051 6,099,251 35,347,127 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 968 $ 393,053 $ 3,234,061 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, March 22, 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 $ 13,872,009 $ 13,871,782 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,339,333 5,333,815 5,340,266 5,026,770 Total Public Debt Outstanding 19,211,343 19,205,597 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,160 23,182 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 $ 19,172,661 $ 19,166,893 $ 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 Tuesday, March 22, 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 $ 1,940 $ 168,717 $ 1,129,492 Individual Income Taxes 217 2,917 26,474 Railroad Retirement Taxes 2 364 2,840 Excise Taxes 33 3,257 35,303 Corporation Income Taxes 66 37,108 145,569 Federal Unemployment Taxes 3 63 4,204 Estate and Gift Taxes & Misc IRS Rcpts. 5 43 476 Total $ 2,266 $ 212,468 $ 1,344,358 Cash Federal Tax Deposits: Direct $ 66 $ 1,374 $ 15,006 Through Depositaries 2,180 205,482 1,284,776 Total Cash FTD's $ 2,246 $ 206,856 $ 1,299,781 Inter-agency Transfers 20 5,612 44,577 Total $ 2,266 $ 212,468 $ 1,344,358 ___________________________________________________________________________________________ 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 Tuesday, March 22, 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) $ 421 $ 3,921 $ 20,560 IRS Tax Refunds Business (EFT) 216 1,254 12,118 IRS Tax Refunds Individual (Checks) 388 7,815 28,070 IRS Tax Refunds Individual (EFT) 1,290 47,214 172,896 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.