1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, May 5, 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 $ 316,764 $ 323,794 $ 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 $ 316,764 $ 323,794 $ 339,091 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, May 5, 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) $ 20 $ 102 $ 7,169 Air Transport Security Fees 1 15 2,188 Cash FTD's Received (Table IV) 2,297 48,059 1,683,104 Commodity Credit Corporation programs 1 30 1,935 Customs and Certain Excise Taxes 56 361 26,600 Deposits by States: Supplemental Security Income 2 20 2,108 Unemployment 2,612 11,022 27,818 Education Department programs 146 944 35,003 Energy Department programs 9 43 4,461 Estate and Gift Taxes 66 310 13,758 Federal Reserve Earnings 0 1,430 76,650 Foreign Deposits, Military Sales 44 1,466 21,881 Housing and Urban Development programs 8 29 2,062 Individual Income and Employment Taxes, Not Withheld 322 5,718 337,240 Interest recd from cash investments 0 0 0 Justice Department programs 1,209 1,275 12,916 Postal Service 351 1,534 55,935 Public Debt Cash Issues (Table III-B) 93,829 228,108 4,857,112 Other Deposits: Federal Housing Admin: Note Sales 273 539 12,585 Total Other Deposits 273 926 101,379 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 101,246 301,390 7,269,320 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 101,246 $ 301,390 $ 7,269,320 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, May 5, 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 $ 18 $ 62 $ 14,509 Defense Vendor Payments (EFT) 901 3,651 172,807 Education Department programs 368 1,932 110,230 Energy Department programs 142 466 19,567 Federal Employees Insurance Payments 193 874 44,695 Fed. Highway Administration programs 146 668 22,411 Federal Salaries (EFT) 60 766 100,010 Food and Nutrition Service (misc) 65 405 18,822 GSA programs 47 638 11,137 Health and Human Services Grants (misc) 409 1,500 59,249 Housing and Urban Development programs 160 3,371 45,160 Interest on Treasury Securities 0 7,076 128,705 IRS Tax Refunds Business (EFT) 0 120 16,544 IRS Tax Refunds Individual (EFT) 218 4,870 242,396 Justice Department programs 117 360 9,825 Labor Dept. prgms (excl. unemployment) 95 227 8,801 Medicaid 1,668 5,193 213,656 Medicare and Other CMS Payments 1,404 5,863 231,920 Medicare Advantage - Part C&D Payments 13 13 175,490 Marketplace Payments 0 0 22,818 NASA programs 101 289 10,367 Postal Service Money Orders and Other 153 631 24,034 Public Debt Cash Redemp. (Table III-B) 99,439 243,294 4,367,749 Social Security Benefits (EFT) 42 23,558 499,477 Supple. Nutrition Assist. Program (SNAP) 217 928 42,529 Temporary Assistance for Needy Families (HHS) 84 260 9,349 Transportation Security Admin. (DHS) 8 30 1,367 Unemployment Insurance Benefits 93 783 20,931 Veterans Affairs programs 248 808 33,003 Other Withdrawals: Interior 73 151 5,943 Thrift Savings Plan Transfer 231 766 23,714 Veterans Benefits (EFT) 64 97 50,426 Unclassified 1,498 6,919 166,447 Total, Other Withdrawals 1,865 15,080 473,713 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 108,275 323,717 7,151,271 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 108,275 $ 323,717 $ 7,151,271 Net Change in Operating Cash Balance $ -7,029 $ -22,327 $ 118,048 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, May 5, 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 $ 91,998 $ 91,997 $ 3,255,945 Cash Management Series 0 0 95,007 Notes 0 130,366 1,196,587 Bonds 0 0 111,675 Inflation-Protected Securities Increment 151 656 -6,393 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 14 505 Interest Increment 2 400 3,458 Government Account Series 378,241 1,539,607 48,121,232 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 510 1,658 45,133 Other 1,388 4,295 159,734 Total Issues $ 472,292 $ 1,768,992 $ 52,985,567 (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 $ 97,999 $ 97,999 $ 3,187,996 Notes 0 137,100 967,155 Bonds 0 0 11,016 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 45 227 6,646 Government Account Series 371,405 1,524,983 47,579,840 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 11 3,688 35,263 Other 1,384 4,279 159,673 Total Redemptions $ 470,845 $ 1,768,277 $ 51,948,083 Net Change in Public Debt Outstanding $ 1,447 $ 715 $ 1,037,485 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, May 5, 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) $ 472,292 $ 1,768,992 $ 52,985,567 Premium on New Issues 0 0 1,307 Discount on New Issues: Bills (-) 69 69 3,213 Bonds and Notes (-) 0 153 5,869 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 378,241 1,539,607 48,121,232 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 400 3,458 Inflation-Protected Securities Increment 151 656 -6,693 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 93,829 $ 228,108 $ 4,857,112 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 470,845 $ 1,768,277 $ 51,948,083 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 (-) 371,405 1,524,983 47,579,840 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 99,439 $ 243,294 $ 4,367,749 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, May 5, 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 $ 13,826,922 $ 13,832,249 $ 13,841,195 $ 13,123,847 Intragovernmental Holdings 5,361,180 5,354,406 5,346,193 5,026,770 Total Public Debt Outstanding 19,188,102 19,186,655 19,187,387 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,175 23,129 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 $ 19,149,445 $ 19,148,044 $ 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 Thursday, May 5, 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 $ 2,143 $ 46,725 $ 1,406,526 Individual Income Taxes 97 810 89,409 Railroad Retirement Taxes 1 86 3,571 Excise Taxes 19 239 45,941 Corporation Income Taxes 35 139 186,498 Federal Unemployment Taxes 5 2,329 7,522 Estate and Gift Taxes & Misc IRS Rcpts. 4 42 665 Total $ 2,304 $ 50,370 $ 1,740,133 Cash Federal Tax Deposits: Direct $ 87 $ 540 $ 20,040 Through Depositaries 2,209 47,519 1,663,064 Total Cash FTD's $ 2,297 $ 48,059 $ 1,683,104 Inter-agency Transfers 7 2,311 57,029 Total $ 2,304 $ 50,370 $ 1,740,133 ___________________________________________________________________________________________ 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, May 5, 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) $ 25 $ 687 $ 25,751 IRS Tax Refunds Business (EFT) 0 120 16,544 IRS Tax Refunds Individual (Checks) 332 1,296 48,172 IRS Tax Refunds Individual (EFT) 218 4,870 242,396 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.