1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, May 2, 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 $ 343,705 $ 339,091 $ 339,091 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 343,705 $ 339,091 $ 339,091 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, May 2, 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) $ 45 $ 45 $ 7,113 Air Transport Security Fees 6 6 2,179 Cash FTD's Received (Table IV) 32,224 32,224 1,667,269 Commodity Credit Corporation programs 5 5 1,910 Customs and Certain Excise Taxes 91 91 26,331 Deposits by States: Supplemental Security Income 6 6 2,094 Unemployment 3,344 3,344 20,139 Education Department programs 260 260 34,320 Energy Department programs 22 22 4,441 Estate and Gift Taxes 49 49 13,498 Federal Reserve Earnings 0 0 75,220 Foreign Deposits, Military Sales 1,416 1,416 21,831 Housing and Urban Development programs 9 9 2,043 Individual Income and Employment Taxes, Not Withheld 3,185 3,185 334,707 Interest recd from cash investments 0 0 0 Justice Department programs 39 39 11,680 Postal Service 385 385 54,786 Public Debt Cash Issues (Table III-B) 131,272 131,272 4,760,275 Other Deposits: Defense Finance & Accounting Service 51 51 4,074 Federal Housing Admin: Note Sales 82 82 12,128 Medicare Premiums 73 73 17,240 Minerals Management Svc/Collections 154 154 3,307 Natl Railroad Retirement Inv Trust 39 39 781 Railroad Unemployment Ins. 1 1 98 Total Other Deposits 400 400 100,853 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 172,758 172,758 7,140,688 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 172,758 $ 172,758 $ 7,140,688 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, May 2, 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 $ 21 $ 21 $ 14,468 Defense Vendor Payments (EFT) 742 742 169,899 Education Department programs 707 707 109,006 Energy Department programs 101 101 19,202 Federal Employees Insurance Payments 158 158 43,979 Fed. Highway Administration programs 233 233 21,976 Federal Salaries (EFT) 183 183 99,427 Food and Nutrition Service (misc) 116 116 18,533 GSA programs 516 516 11,014 Health and Human Services Grants (misc) 474 474 58,223 Housing and Urban Development programs 2,801 2,801 44,590 Interest on Treasury Securities 7,076 7,076 128,705 IRS Tax Refunds Business (EFT) 4 4 16,428 IRS Tax Refunds Individual (EFT) 586 586 238,112 Justice Department programs 13 13 9,477 Labor Dept. prgms (excl. unemployment) 54 54 8,628 Medicaid 868 868 209,331 Medicare and Other CMS Payments 1,452 1,452 227,509 Medicare Advantage - Part C&D Payments 0 0 175,477 Marketplace Payments 0 0 22,818 NASA programs 0 0 10,078 Postal Service Money Orders and Other 145 145 23,548 Public Debt Cash Redemp. (Table III-B) 141,838 141,838 4,266,292 Social Security Benefits (EFT) 264 264 476,183 Supple. Nutrition Assist. Program (SNAP) 296 296 41,898 Temporary Assistance for Needy Families (HHS) 76 76 9,166 Transportation Security Admin. (DHS) 0 0 1,337 Unemployment Insurance Benefits 300 300 20,448 Veterans Affairs programs 218 218 32,413 Other Withdrawals: Civil Service Retirement (EFT) 5,382 5,382 43,351 Emergency Prep & Response (DHS) 56 56 5,485 Military Retirement (EFT) 316 316 34,259 Railroad Retirement (EFT) 1,055 1,055 8,562 Supple. Security Income Benefits (EFT) 98 98 35,500 Thrift Savings Plan Transfer 279 279 23,228 Unclassified 1,713 1,713 161,242 Total, Other Withdrawals 8,900 8,900 467,534 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 168,144 168,144 6,995,699 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 168,144 $ 168,144 $ 6,995,699 Net Change in Operating Cash Balance $ 4,614 $ 4,614 $ 144,989 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, May 2, 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 $ -2 $ -2 $ 3,163,947 Cash Management Series 0 0 95,007 Notes 130,371 130,371 1,196,592 Bonds 0 0 111,675 Inflation-Protected Securities Increment 203 203 -6,846 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 5 5 496 Interest Increment 394 394 3,452 Government Account Series 377,035 377,035 46,958,660 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 33 33 43,508 Other 1,017 1,017 156,456 Total Issues $ 509,057 $ 509,057 $ 51,725,632 (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 $ 0 $ 3,089,997 Notes 137,100 137,100 967,155 Bonds 0 0 11,016 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 62 62 6,481 Government Account Series 384,604 384,604 46,439,461 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 3,677 3,677 35,251 Other 999 999 156,393 Total Redemptions $ 526,442 $ 526,442 $ 50,706,247 Net Change in Public Debt Outstanding $ -17,386 $ -17,386 $ 1,019,384 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, May 2, 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) $ 509,057 $ 509,057 $ 51,725,632 Premium on New Issues 0 0 1,307 Discount on New Issues: Bills (-) 0 0 3,144 Bonds and Notes (-) 153 153 5,869 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 377,035 377,035 46,958,660 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 394 394 3,452 Inflation-Protected Securities Increment 203 203 -7,146 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 131,272 $ 131,272 $ 4,760,275 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 526,442 $ 526,442 $ 50,706,247 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 (-) 384,604 384,604 46,439,461 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 141,838 $ 141,838 $ 4,266,292 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, May 2, 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 $ 13,831,186 $ 13,841,195 $ 13,841,195 $ 13,123,847 Intragovernmental Holdings 5,338,816 5,346,193 5,346,193 5,026,770 Total Public Debt Outstanding 19,170,002 19,187,387 19,187,387 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,175 23,221 23,221 24,350 Federal Financing Bank 15,000 15,000 15,000 12,315 Hope Bonds 0 0 0 494 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 19,131,344 $ 19,148,684 $ 19,148,684 $ 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, May 2, 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 $ 31,755 $ 31,755 $ 1,391,556 Individual Income Taxes 167 167 88,766 Railroad Retirement Taxes 71 71 3,556 Excise Taxes 124 124 45,826 Corporation Income Taxes 40 40 186,400 Federal Unemployment Taxes 2,300 2,300 7,494 Estate and Gift Taxes & Misc IRS Rcpts. 1 1 624 Total $ 34,459 $ 34,459 $ 1,724,221 Cash Federal Tax Deposits: Direct $ 106 $ 106 $ 19,606 Through Depositaries 32,118 32,118 1,647,664 Total Cash FTD's $ 32,224 $ 32,224 $ 1,667,269 Inter-agency Transfers 2,235 2,235 56,952 Total $ 34,459 $ 34,459 $ 1,724,221 ___________________________________________________________________________________________ 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, May 2, 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) $ 295 $ 295 $ 25,359 IRS Tax Refunds Business (EFT) 4 4 16,428 IRS Tax Refunds Individual (Checks) 296 296 47,173 IRS Tax Refunds Individual (EFT) 586 586 238,112 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.