1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, March 29, 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 $ 291,654 $ 295,479 $ 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 $ 291,654 $ 295,479 $ 272,359 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, March 29, 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) 65 702 5,899 Air Transport Security Fees $ 2 $ 70 $ 1,551 Cash FTD's Received (Table IV) 4,503 245,970 1,338,895 Commodity Credit Corporation programs 1 470 1,352 Customs and Certain Excise Taxes 120 3,565 22,619 Deposits by States: Supplemental Security Income 10 81 1,560 Unemployment 11 395 12,280 Education Department programs 372 5,426 29,183 Energy Department programs 26 518 3,865 Estate and Gift Taxes 49 1,517 10,291 Federal Reserve Earnings 0 7,532 65,675 Foreign Deposits, Military Sales 3 2,982 17,714 Housing and Urban Development programs 4 215 1,746 Individual Income and Employment Taxes, Not Withheld 913 12,817 136,553 Interest recd from cash investments 0 0 0 Justice Department programs 7 1,127 7,458 Postal Service 380 7,518 46,442 Public Debt Cash Issues (Table III-B) 1,408 612,106 3,907,554 Other Deposits: Federal Housing Admin: Note Sales 55 1,603 10,235 National Credit Union Administration 83 109 1,135 Pension Benefit Guaranty Corp. 205 304 6,042 Total Other Deposits 343 9,350 83,743 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 8,217 912,361 5,694,380 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 8,217 $ 912,361 $ 5,694,380 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, March 29, 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 $ 575 $ 13,940 Defense Vendor Payments (EFT) 1,427 25,448 143,790 Education Department programs 724 11,876 97,808 Energy Department programs 81 2,712 15,706 Federal Employees Insurance Payments 227 6,140 36,923 Fed. Highway Administration programs 82 2,702 18,308 Federal Salaries (EFT) 349 13,322 84,976 Food and Nutrition Service (misc) 70 2,572 15,538 GSA programs 52 1,553 8,740 Health and Human Services Grants (misc) 502 8,421 48,332 Housing and Urban Development programs 140 5,787 35,756 Interest on Treasury Securities 0 664 113,107 IRS Tax Refunds Business (EFT) 153 1,576 12,440 IRS Tax Refunds Individual (EFT) 1,091 58,315 183,997 Justice Department programs 74 1,424 7,741 Labor Dept. prgms (excl. unemployment) 56 1,267 7,158 Medicaid 1,490 29,459 175,763 Medicare and Other CMS Payments 1,779 33,908 190,807 Medicare Advantage - Part C&D Payments 0 20,446 132,514 Marketplace Payments 0 6,078 19,564 NASA programs 64 1,411 8,851 Postal Service Money Orders and Other 138 3,089 19,496 Public Debt Cash Redemp. (Table III-B) 982 501,486 3,342,494 Social Security Benefits (EFT) 5 67,978 407,328 Supple. Nutrition Assist. Program (SNAP) 115 5,849 35,737 Temporary Assistance for Needy Families (HHS) 105 1,318 7,764 Transportation Security Admin. (DHS) 6 176 1,116 Unemployment Insurance Benefits 276 3,275 17,254 Veterans Affairs programs 193 4,578 26,879 Other Withdrawals: Agriculture 152 1,336 6,873 Centers for Disease Control 50 566 2,826 Federal Aviation Administration 61 570 3,752 Federal Railroad Admin. 51 387 2,024 Federal Transit Admin. 118 819 5,481 Puerto Rico-Refund of IRS Collections 91 151 402 Thrift Savings Plan Transfer 86 4,146 17,891 Unclassified 1,227 30,240 129,052 Total, Other Withdrawals 1,836 69,661 371,614 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,041 893,065 5,601,442 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,041 $ 893,065 $ 5,601,442 Net Change in Operating Cash Balance $ -3,825 $ 19,295 $ 92,938 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, March 29, 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 $ 513,003 $ 2,673,955 Cash Management Series 0 0 95,007 Notes 0 57,001 883,326 Bonds 0 12,000 99,595 Inflation-Protected Securities Increment 58 1,405 -8,029 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 75 422 Interest Increment 2 438 2,538 Government Account Series 382,600 8,010,254 37,778,918 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 477 10,355 30,371 Other 927 21,302 131,219 Total Issues $ 384,068 $ 8,625,832 $ 41,690,008 (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 42 906 5,355 Government Account Series 377,482 8,014,102 37,261,978 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 12 4,289 26,803 Other 928 21,297 131,191 Total Redemptions $ 378,465 $ 8,515,588 $ 40,604,927 Net Change in Public Debt Outstanding $ 5,603 $ 110,243 $ 1,085,081 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, March 29, 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) $ 384,068 $ 8,625,832 $ 41,690,008 Premium on New Issues 0 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 (-) 382,600 8,010,254 37,778,918 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 438 2,538 Inflation-Protected Securities Increment 58 1,405 -8,365 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,408 $ 612,106 $ 3,907,554 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 378,465 $ 8,515,588 $ 40,604,927 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 (-) 377,482 8,014,102 37,261,978 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 982 $ 501,486 $ 3,342,494 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, March 29, 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 $ 13,900,262 $ 13,899,570 $ 13,785,189 $ 13,123,847 Intragovernmental Holdings 5,335,437 5,330,525 5,340,266 5,026,770 Total Public Debt Outstanding 19,235,698 19,230,095 19,125,455 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,101 23,124 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 $ 19,197,076 $ 19,191,450 $ 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 29, 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 $ 1,773 $ 204,047 $ 1,164,823 Individual Income Taxes 240 3,838 27,395 Railroad Retirement Taxes 4 482 2,958 Excise Taxes 2,104 6,385 38,431 Corporation Income Taxes 380 38,144 146,605 Federal Unemployment Taxes 4 81 4,222 Estate and Gift Taxes & Misc IRS Rcpts. 2 51 484 Total $ 4,507 $ 253,028 $ 1,384,918 Cash Federal Tax Deposits: Direct $ 873 $ 2,506 $ 16,138 Through Depositaries 3,630 243,463 1,322,757 Total Cash FTD's $ 4,503 $ 245,970 $ 1,338,895 Inter-agency Transfers 4 7,058 46,023 Total $ 4,507 $ 253,028 $ 1,384,918 ___________________________________________________________________________________________ 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 29, 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) $ 522 $ 4,852 $ 21,491 IRS Tax Refunds Business (EFT) 153 1,576 12,440 IRS Tax Refunds Individual (Checks) 393 10,397 30,652 IRS Tax Refunds Individual (EFT) 1,091 58,315 183,997 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.