1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, April 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 $ 350,158 $ 372,499 $ 313,835 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 350,158 $ 372,499 $ 313,835 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, April 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) $ 49 $ 706 $ 7,011 Air Transport Security Fees 21 63 1,889 Cash FTD's Received (Table IV) 3,091 272,072 1,623,793 Commodity Credit Corporation programs 4 532 1,898 Customs and Certain Excise Taxes 152 3,200 25,923 Deposits by States: Supplemental Security Income 221 297 2,087 Unemployment 476 3,374 15,690 Education Department programs 201 4,476 33,882 Energy Department programs 25 508 4,404 Estate and Gift Taxes 21 3,004 13,402 Federal Reserve Earnings 0 7,519 75,220 Foreign Deposits, Military Sales 64 2,641 20,405 Housing and Urban Development programs 3 242 2,023 Individual Income and Employment Taxes, Not Withheld 5,994 188,849 327,389 Interest recd from cash investments 0 0 0 Justice Department programs 5 777 8,257 Postal Service 280 7,040 54,100 Public Debt Cash Issues (Table III-B) 109,838 455,613 4,611,298 Other Deposits: Federal Housing Admin: Note Sales 52 1,634 11,993 Medicare Premiums 151 2,410 17,021 Pension Benefit Guaranty Corp. 224 412 6,458 Railroad Unemployment Ins. 5 12 78 Thrift Savings Plan Transfer 246 2,482 20,904 Total Other Deposits 676 7,220 99,579 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 121,121 958,134 6,928,248 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 121,121 $ 958,134 $ 6,928,248 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, April 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 $ 12 $ 458 $ 14,426 Defense Vendor Payments (EFT) 1,231 22,267 168,092 Education Department programs 539 8,645 107,663 Energy Department programs 123 2,652 18,786 Federal Employees Insurance Payments 586 6,146 43,579 Fed. Highway Administration programs 135 3,027 21,630 Federal Salaries (EFT) 711 13,018 98,887 Food and Nutrition Service (misc) 62 2,488 18,284 GSA programs 70 1,584 10,438 Health and Human Services Grants (misc) 702 7,902 57,160 Housing and Urban Development programs 174 5,522 41,552 Interest on Treasury Securities 0 1,774 121,629 IRS Tax Refunds Business (EFT) 104 3,633 16,409 IRS Tax Refunds Individual (EFT) 572 46,532 236,677 Justice Department programs 91 1,618 9,455 Labor Dept. prgms (excl. unemployment) 95 1,128 8,407 Medicaid 3,221 29,421 207,506 Medicare and Other CMS Payments 1,479 30,858 224,478 Medicare Advantage - Part C&D Payments 0 21,681 154,195 Marketplace Payments 0 3,254 22,818 NASA programs 0 1,226 10,078 Postal Service Money Orders and Other 85 3,045 23,036 Public Debt Cash Redemp. (Table III-B) 131,516 558,515 4,123,479 Social Security Benefits (EFT) 5 68,589 475,918 Supple. Nutrition Assist. Program (SNAP) 114 5,548 41,474 Temporary Assistance for Needy Families (HHS) 99 1,010 8,935 Transportation Security Admin. (DHS) 7 203 1,331 Unemployment Insurance Benefits 89 2,592 20,096 Veterans Affairs programs 178 4,148 31,415 Other Withdrawals: Federal Financing Bank 79 346 3,105 Minerals Management Service 73 76 923 Unclassified 1,309 27,915 158,215 Total, Other Withdrawals 1,461 63,327 438,971 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 143,462 921,810 6,776,806 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 143,462 $ 921,810 $ 6,776,806 Net Change in Operating Cash Balance $ -22,341 $ 36,323 $ 151,442 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, April 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 $ 107,002 $ 367,993 $ 3,163,948 Cash Management Series 0 0 95,007 Notes 0 44,309 1,050,221 Bonds 0 12,079 111,675 Inflation-Protected Securities Increment 28 832 -7,083 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 60 488 Interest Increment 3 514 3,056 Government Account Series 386,503 7,647,589 46,196,621 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,551 11,236 42,963 Other 1,474 20,829 154,510 Total Issues $ 496,565 $ 8,105,442 $ 50,814,091 (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 $ 129,996 $ 458,997 $ 3,089,997 Notes 0 73,219 830,055 Bonds 0 1 11,016 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 41 954 6,380 Government Account Series 388,247 7,625,618 45,654,527 Hope Bonds 0 39 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 4,525 31,568 Other 1,478 20,818 154,463 Total Redemptions $ 519,763 $ 8,184,172 $ 49,778,500 Net Change in Public Debt Outstanding $ -23,197 $ -78,731 $ 1,035,590 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, April 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) $ 496,565 $ 8,105,442 $ 50,814,091 Premium on New Issues 0 0 1,052 Discount on New Issues: Bills (-) 194 389 3,144 Bonds and Notes (-) 0 505 5,716 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 386,503 7,647,589 46,196,621 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 514 3,056 Inflation-Protected Securities Increment 28 832 -7,378 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 109,838 $ 455,613 $ 4,611,298 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 519,763 $ 8,184,172 $ 49,778,500 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 (-) 388,247 7,625,618 45,654,527 Hope Bonds (-) 0 39 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 131,516 $ 558,515 $ 4,123,479 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, April 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 $ 13,824,359 $ 13,845,666 $ 13,924,878 $ 13,123,847 Intragovernmental Holdings 5,361,849 5,363,740 5,340,061 5,026,770 Total Public Debt Outstanding 19,186,208 19,209,405 19,264,939 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,170 22,999 23,425 24,350 Federal Financing Bank 15,000 15,000 15,000 12,315 Hope Bonds 0 0 39 494 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 19,147,555 $ 19,170,923 $ 19,225,991 $ 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 Thursday, April 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 $ 2,725 $ 173,889 $ 1,351,339 Individual Income Taxes 163 60,616 88,473 Railroad Retirement Taxes 5 433 3,448 Excise Taxes 511 4,917 43,384 Corporation Income Taxes 124 39,537 186,325 Federal Unemployment Taxes 94 519 4,756 Estate and Gift Taxes & Misc IRS Rcpts. 11 127 624 Total $ 3,633 $ 280,038 $ 1,678,349 Cash Federal Tax Deposits: Direct $ 147 $ 2,328 $ 18,544 Through Depositaries 2,945 269,744 1,605,249 Total Cash FTD's $ 3,091 $ 272,072 $ 1,623,793 Inter-agency Transfers 542 7,966 54,557 Total $ 3,633 $ 280,038 $ 1,678,349 ___________________________________________________________________________________________ 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 Thursday, April 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) $ 15 $ 3,455 $ 25,058 IRS Tax Refunds Business (EFT) 104 3,633 16,409 IRS Tax Refunds Individual (Checks) 610 13,232 44,485 IRS Tax Refunds Individual (EFT) 572 46,532 236,677 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.