1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, May 4, 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 $ 323,794 $ 319,569 $ 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 $ 323,794 $ 319,569 $ 339,091 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, May 4, 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) $ 16 $ 82 $ 7,149 Air Transport Security Fees 1 14 2,187 Cash FTD's Received (Table IV) 9,884 45,762 1,680,808 Commodity Credit Corporation programs 16 29 1,934 Customs and Certain Excise Taxes 97 305 26,544 Deposits by States: Supplemental Security Income 3 18 2,106 Unemployment 3,131 8,410 25,206 Education Department programs 179 797 34,857 Energy Department programs 7 34 4,452 Estate and Gift Taxes 138 243 13,692 Federal Reserve Earnings 1,430 1,430 76,650 Foreign Deposits, Military Sales 3 1,422 21,837 Housing and Urban Development programs 5 21 2,054 Individual Income and Employment Taxes, Not Withheld 814 5,396 336,918 Interest recd from cash investments 0 0 0 Justice Department programs 15 66 11,708 Postal Service 368 1,182 55,584 Public Debt Cash Issues (Table III-B) 1,447 134,279 4,763,282 Other Deposits: Federal Housing Admin: Note Sales 66 266 12,312 Thrift Savings Plan Transfer 70 84 21,247 Total Other Deposits 136 653 101,106 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 17,690 200,144 7,168,074 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 17,690 $ 200,144 $ 7,168,074 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, May 4, 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 $ 10 $ 44 $ 14,491 Defense Vendor Payments (EFT) 859 2,750 171,906 Education Department programs 513 1,564 109,862 Energy Department programs 98 324 19,425 Federal Employees Insurance Payments 297 681 44,502 Fed. Highway Administration programs 187 522 22,265 Federal Salaries (EFT) 69 706 99,950 Food and Nutrition Service (misc) 75 340 18,757 GSA programs 39 591 11,089 Health and Human Services Grants (misc) 344 1,091 58,840 Housing and Urban Development programs 220 3,211 45,000 Interest on Treasury Securities 0 7,076 128,705 IRS Tax Refunds Business (EFT) 103 120 16,544 IRS Tax Refunds Individual (EFT) 3,336 4,658 242,185 Justice Department programs 94 244 9,708 Labor Dept. prgms (excl. unemployment) 34 132 8,707 Medicaid 1,484 3,524 211,988 Medicare and Other CMS Payments 1,628 4,459 230,516 Medicare Advantage - Part C&D Payments 0 0 175,477 Marketplace Payments 0 0 22,818 NASA programs 61 188 10,265 Postal Service Money Orders and Other 190 479 23,881 Public Debt Cash Redemp. (Table III-B) 1,002 143,855 4,268,309 Social Security Benefits (EFT) 45 23,521 499,440 Supple. Nutrition Assist. Program (SNAP) 207 711 42,313 Temporary Assistance for Needy Families (HHS) 56 176 9,266 Transportation Security Admin. (DHS) 6 22 1,359 Unemployment Insurance Benefits 158 691 20,838 Veterans Affairs programs 172 559 32,754 Other Withdrawals: Agency for Internat'l Development 54 145 8,441 Federal Aviation Administration 65 88 4,420 Treasury Dept: Claims Payments 165 174 2,985 Unclassified 1,894 5,410 164,938 Total, Other Withdrawals 2,178 13,203 471,837 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 13,465 215,442 7,042,996 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 13,465 $ 215,442 $ 7,042,996 Net Change in Operating Cash Balance $ 4,225 $ -15,298 $ 125,077 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, May 4, 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 $ -2 $ 3,163,947 Cash Management Series 0 0 95,007 Notes -5 130,366 1,196,587 Bonds 0 0 111,675 Inflation-Protected Securities Increment 153 505 -6,544 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 11 502 Interest Increment 3 398 3,457 Government Account Series 385,883 1,161,365 47,742,991 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 503 1,148 44,623 Other 945 2,908 158,346 Total Issues $ 387,485 $ 1,296,701 $ 52,513,276 (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 0 137,100 967,155 Bonds 0 0 11,016 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 52 182 6,601 Government Account Series 371,644 1,153,578 47,208,435 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,677 35,251 Other 950 2,895 158,289 Total Redemptions $ 372,646 $ 1,297,433 $ 51,477,238 Net Change in Public Debt Outstanding $ 14,840 $ -732 $ 1,036,038 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, May 4, 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) $ 387,485 $ 1,296,701 $ 52,513,276 Premium on New Issues 0 0 1,307 Discount on New Issues: Bills (-) 0 0 3,144 Bonds and Notes (-) 0 153 5,869 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 385,883 1,161,365 47,742,991 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 398 3,457 Inflation-Protected Securities Increment 153 505 -6,844 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,447 $ 134,279 $ 4,763,282 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 372,646 $ 1,297,433 $ 51,477,238 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 (-) 371,644 1,153,578 47,208,435 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,002 $ 143,855 $ 4,268,309 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, May 4, 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 $ 13,832,249 $ 13,831,649 $ 13,841,195 $ 13,123,847 Intragovernmental Holdings 5,354,406 5,340,167 5,346,193 5,026,770 Total Public Debt Outstanding 19,186,655 19,171,816 19,187,387 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,129 23,152 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 $ 19,148,044 $ 19,133,182 $ 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 Wednesday, May 4, 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 $ 9,728 $ 44,582 $ 1,404,383 Individual Income Taxes 93 713 89,312 Railroad Retirement Taxes 3 85 3,570 Excise Taxes 12 221 45,922 Corporation Income Taxes 41 104 186,464 Federal Unemployment Taxes 8 2,324 7,517 Estate and Gift Taxes & Misc IRS Rcpts. 3 38 662 Total $ 9,889 $ 48,067 $ 1,737,830 Cash Federal Tax Deposits: Direct $ 159 $ 453 $ 19,953 Through Depositaries 9,725 45,309 1,660,855 Total Cash FTD's $ 9,884 $ 45,762 $ 1,680,808 Inter-agency Transfers 5 2,304 57,022 Total $ 9,889 $ 48,067 $ 1,737,830 ___________________________________________________________________________________________ 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 Wednesday, May 4, 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) $ 33 $ 662 $ 25,726 IRS Tax Refunds Business (EFT) 103 120 16,544 IRS Tax Refunds Individual (Checks) 246 964 47,840 IRS Tax Refunds Individual (EFT) 3,336 4,658 242,185 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.