1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, March 28, 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 $ 295,479 $ 277,224 $ 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 $ 295,479 $ 277,224 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, March 28, 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) 40 637 5,834 Air Transport Security Fees $ 5 $ 68 $ 1,548 Cash FTD's Received (Table IV) 15,212 241,467 1,334,392 Commodity Credit Corporation programs 4 469 1,351 Customs and Certain Excise Taxes 74 3,445 22,500 Deposits by States: Supplemental Security Income 5 70 1,550 Unemployment 11 384 12,269 Education Department programs 243 5,054 28,811 Energy Department programs 141 493 3,839 Estate and Gift Taxes 61 1,468 10,242 Federal Reserve Earnings 0 7,532 65,675 Foreign Deposits, Military Sales 52 2,979 17,711 Housing and Urban Development programs 4 211 1,742 Individual Income and Employment Taxes, Not Withheld 711 11,904 135,641 Interest recd from cash investments 0 0 0 Justice Department programs 12 1,120 7,451 Postal Service 330 7,138 46,062 Public Debt Cash Issues (Table III-B) 13,944 610,698 3,906,146 Other Deposits: Defense Finance & Accounting Service 51 538 3,392 Medicare Premiums 198 2,415 14,373 Total Other Deposits 250 9,007 83,399 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 31,099 904,144 5,686,163 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 31,099 $ 904,144 $ 5,686,163 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, March 28, 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 $ 14 $ 553 $ 13,918 Defense Vendor Payments (EFT) 1,376 24,021 142,363 Education Department programs 499 11,152 97,084 Energy Department programs 102 2,630 15,625 Federal Employees Insurance Payments 148 5,913 36,696 Fed. Highway Administration programs 209 2,620 18,226 Federal Salaries (EFT) 1,382 12,973 84,628 Food and Nutrition Service (misc) 111 2,502 15,468 GSA programs 43 1,501 8,687 Health and Human Services Grants (misc) 350 7,919 47,830 Housing and Urban Development programs 148 5,647 35,616 Interest on Treasury Securities -12 663 113,107 IRS Tax Refunds Business (EFT) 66 1,423 12,286 IRS Tax Refunds Individual (EFT) 1,496 57,224 182,905 Justice Department programs 89 1,349 7,667 Labor Dept. prgms (excl. unemployment) 76 1,211 7,102 Medicaid 973 27,968 174,273 Medicare and Other CMS Payments 1,497 32,129 189,027 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 6,078 19,564 NASA programs 98 1,347 8,787 Postal Service Money Orders and Other 181 2,951 19,358 Public Debt Cash Redemp. (Table III-B) 1,113 500,504 3,341,512 Social Security Benefits (EFT) 0 67,973 407,323 Supple. Nutrition Assist. Program (SNAP) 385 5,734 35,622 Temporary Assistance for Needy Families (HHS) 129 1,213 7,659 Transportation Security Admin. (DHS) 12 170 1,110 Unemployment Insurance Benefits 90 2,999 16,978 Veterans Affairs programs 179 4,386 26,686 Other Withdrawals: Agency for Internat'l Development 63 891 7,066 Federal Transit Admin. 136 701 5,363 Thrift Savings Plan Transfer 446 4,060 17,805 Unclassified 1,445 29,013 127,825 Total, Other Withdrawals 2,090 67,824 369,778 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,845 881,024 5,589,400 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,845 $ 881,024 $ 5,589,400 Net Change in Operating Cash Balance $ 18,254 $ 23,120 $ 96,763 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, March 28, 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 $ -1 $ 513,003 $ 2,673,955 Cash Management Series 0 0 95,007 Notes 13,000 57,001 883,326 Bonds 0 12,000 99,595 Inflation-Protected Securities Increment 164 1,346 -8,087 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 5 72 419 Interest Increment 4 436 2,536 Government Account Series 380,257 7,627,654 37,396,318 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 9,877 29,893 Other 928 20,375 130,292 Total Issues $ 394,362 $ 8,241,764 $ 41,305,940 (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 43 864 5,313 Government Account Series 378,084 7,636,620 36,884,496 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 141 4,277 26,791 Other 928 20,369 130,262 Total Redemptions $ 379,197 $ 8,137,124 $ 40,226,463 Net Change in Public Debt Outstanding $ 15,165 $ 104,640 $ 1,079,477 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, March 28, 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) $ 394,362 $ 8,241,764 $ 41,305,940 Premium on New Issues 8 8 645 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 (-) 380,257 7,627,654 37,396,318 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 436 2,536 Inflation-Protected Securities Increment 164 1,346 -8,423 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 13,944 $ 610,698 $ 3,906,146 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 379,197 $ 8,137,124 $ 40,226,463 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 (-) 378,084 7,636,620 36,884,496 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,113 $ 500,504 $ 3,341,512 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, March 28, 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 $ 13,899,570 $ 13,886,716 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,330,525 5,328,214 5,340,266 5,026,770 Total Public Debt Outstanding 19,230,095 19,214,930 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,124 23,192 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 $ 19,191,450 $ 19,176,216 $ 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 28, 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 $ 15,009 $ 202,274 $ 1,163,050 Individual Income Taxes 235 3,598 27,155 Railroad Retirement Taxes 44 478 2,954 Excise Taxes 374 4,281 36,327 Corporation Income Taxes 144 37,764 146,225 Federal Unemployment Taxes 4 77 4,218 Estate and Gift Taxes & Misc IRS Rcpts. 1 49 483 Total $ 15,812 $ 248,521 $ 1,380,412 Cash Federal Tax Deposits: Direct $ 65 $ 1,634 $ 15,265 Through Depositaries 15,146 239,833 1,319,127 Total Cash FTD's $ 15,212 $ 241,467 $ 1,334,392 Inter-agency Transfers 600 7,054 46,020 Total $ 15,812 $ 248,521 $ 1,380,412 ___________________________________________________________________________________________ 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 28, 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) $ 249 $ 4,329 $ 20,969 IRS Tax Refunds Business (EFT) 66 1,423 12,286 IRS Tax Refunds Individual (Checks) 251 10,004 30,259 IRS Tax Refunds Individual (EFT) 1,496 57,224 182,905 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.