1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, March 25, 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 $ 277,224 $ 281,904 $ 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 $ 277,224 $ 281,904 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, March 25, 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) 35 597 5,794 Air Transport Security Fees $ 30 $ 63 $ 1,543 Cash FTD's Received (Table IV) 8,506 226,255 1,319,180 Commodity Credit Corporation programs 1 465 1,347 Customs and Certain Excise Taxes 61 3,371 22,425 Deposits by States: Supplemental Security Income 3 66 1,545 Unemployment 10 373 12,258 Education Department programs 120 4,811 28,568 Energy Department programs 14 352 3,698 Estate and Gift Taxes 48 1,406 10,180 Federal Reserve Earnings 0 7,532 65,675 Foreign Deposits, Military Sales 27 2,927 17,659 Housing and Urban Development programs 3 207 1,739 Individual Income and Employment Taxes, Not Withheld 345 11,193 134,929 Interest recd from cash investments 0 0 0 Justice Department programs 7 1,109 7,439 Postal Service 309 6,808 45,732 Public Debt Cash Issues (Table III-B) 931 596,754 3,892,202 Other Deposits: Medicare Premiums 81 2,216 14,175 TARP 8 15 41 Thrift Savings Plan Transfer 73 3,050 18,221 Total Other Deposits 162 8,757 83,149 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 10,611 873,044 5,655,064 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 10,611 $ 873,044 $ 5,655,064 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, March 25, 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 $ 23 $ 538 $ 13,903 Defense Vendor Payments (EFT) 988 22,645 140,987 Education Department programs 522 10,653 96,585 Energy Department programs 172 2,528 15,523 Federal Employees Insurance Payments 173 5,765 36,548 Fed. Highway Administration programs 87 2,411 18,017 Federal Salaries (EFT) 3,202 11,591 83,245 Food and Nutrition Service (misc) 77 2,391 15,358 GSA programs 32 1,458 8,645 Health and Human Services Grants (misc) 747 7,569 47,481 Housing and Urban Development programs 130 5,499 35,467 Interest on Treasury Securities 0 675 113,119 IRS Tax Refunds Business (EFT) 85 1,357 12,220 IRS Tax Refunds Individual (EFT) 1,744 55,728 181,410 Justice Department programs 63 1,260 7,578 Labor Dept. prgms (excl. unemployment) 62 1,135 7,026 Medicaid 456 26,996 173,300 Medicare and Other CMS Payments 2,848 30,632 187,530 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 6,078 19,564 NASA programs 71 1,249 8,689 Postal Service Money Orders and Other 119 2,770 19,177 Public Debt Cash Redemp. (Table III-B) 963 499,391 3,340,399 Social Security Benefits (EFT) 1/ -4 67,973 407,323 Supple. Nutrition Assist. Program (SNAP) 154 5,350 35,238 Temporary Assistance for Needy Families (HHS) 220 1,084 7,530 Transportation Security Admin. (DHS) 6 157 1,097 Unemployment Insurance Benefits 67 2,910 16,888 Veterans Affairs programs 173 4,207 26,508 Other Withdrawals: Agency for Internat'l Development 50 828 7,003 Emergency Prep & Response (DHS) 53 619 4,512 HHS Deposit Fund Transfers to States 2/ 86 625 976 Interior 57 890 4,548 State Department 52 1,272 5,567 TARP 396 836 2,477 Unclassified 1,417 27,567 126,379 Total, Other Withdrawals 2,111 65,734 367,687 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 15,290 868,179 5,576,556 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 15,290 $ 868,179 $ 5,576,556 Net Change in Operating Cash Balance $ -4,680 $ 4,866 $ 78,508 1/Reported as a negative amount due to a return/reversal of $5 million. 2/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 25, 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 $ 513,004 $ 2,673,956 Cash Management Series 0 0 95,007 Notes 0 44,001 870,326 Bonds 0 12,000 99,595 Inflation-Protected Securities Increment 54 1,183 -8,251 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 67 414 Interest Increment 2 431 2,532 Government Account Series 383,839 7,247,397 37,016,061 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 9,873 29,889 Other 929 19,447 129,365 Total Issues $ 384,827 $ 7,847,402 $ 40,911,579 (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 $ 442,993 $ 2,505,002 Notes 0 32,000 663,129 Bonds 0 2 11,015 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 34 820 5,269 Government Account Series 380,598 7,258,536 36,506,412 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 4,136 26,650 Other 929 19,440 129,334 Total Redemptions $ 381,562 $ 7,757,927 $ 39,847,266 Net Change in Public Debt Outstanding $ 3,265 $ 89,475 $ 1,064,312 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, March 25, 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) $ 384,827 $ 7,847,402 $ 40,911,579 Premium on New Issues 0 0 637 Discount on New Issues: Bills (-) 0 585 2,529 Bonds and Notes (-) 0 1,052 4,795 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 383,839 7,247,397 37,016,061 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 431 2,532 Inflation-Protected Securities Increment 54 1,183 -8,587 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 931 $ 596,754 $ 3,892,202 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 381,562 $ 7,757,927 $ 39,847,266 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 (-) 380,598 7,258,536 36,506,412 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 963 $ 499,391 $ 3,340,399 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, March 25, 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 $ 13,886,716 $ 13,886,696 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,328,214 5,324,968 5,340,266 5,026,770 Total Public Debt Outstanding 19,214,930 19,211,665 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,192 23,215 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 $ 19,176,216 $ 19,172,928 $ 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 25, 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 $ 8,571 $ 187,265 $ 1,148,041 Individual Income Taxes 209 3,363 26,920 Railroad Retirement Taxes 66 434 2,910 Excise Taxes 433 3,907 35,953 Corporation Income Taxes 52 37,619 146,081 Federal Unemployment Taxes 4 73 4,214 Estate and Gift Taxes & Misc IRS Rcpts. 1 48 481 Total $ 9,335 $ 232,710 $ 1,364,600 Cash Federal Tax Deposits: Direct $ 49 $ 1,568 $ 15,200 Through Depositaries 8,456 224,687 1,303,981 Total Cash FTD's $ 8,506 $ 226,255 $ 1,319,180 Inter-agency Transfers 829 6,454 45,420 Total $ 9,335 $ 232,710 $ 1,364,600 ___________________________________________________________________________________________ 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 25, 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) $ 53 $ 4,080 $ 20,720 IRS Tax Refunds Business (EFT) 85 1,357 12,220 IRS Tax Refunds Individual (Checks) 1,347 9,753 30,007 IRS Tax Refunds Individual (EFT) 1,744 55,728 181,410 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.