1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, May 6, 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 $ 315,496 $ 316,764 $ 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 $ 315,496 $ 316,764 $ 339,091 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, May 6, 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) $ 19 $ 121 $ 7,188 Air Transport Security Fees 1 16 2,189 Cash FTD's Received (Table IV) 6,950 55,009 1,690,054 Commodity Credit Corporation programs 1 31 1,936 Customs and Certain Excise Taxes 52 413 26,652 Deposits by States: Supplemental Security Income 3 23 2,111 Unemployment 1,755 12,778 29,574 Education Department programs 159 1,102 35,162 Energy Department programs 6 49 4,468 Estate and Gift Taxes 73 383 13,831 Federal Reserve Earnings 0 1,430 76,650 Foreign Deposits, Military Sales 4 1,470 21,885 Housing and Urban Development programs 50 79 2,112 Individual Income and Employment Taxes, Not Withheld 471 6,189 337,711 Interest recd from cash investments 0 0 0 Justice Department programs 10 1,285 12,926 Postal Service 378 1,911 56,313 Public Debt Cash Issues (Table III-B) 1,130 229,238 4,858,242 Other Deposits: Federal Housing Admin: Note Sales 318 856 12,903 Medicare Premiums 182 353 17,520 Railroad Unemployment Ins. 1 3 99 Thrift Savings Plan Transfer 72 162 21,325 Total Other Deposits 572 1,498 101,951 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 11,634 313,024 7,280,954 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 11,634 $ 313,024 $ 7,280,954 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, May 6, 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 $ 6 $ 68 $ 14,516 Defense Vendor Payments (EFT) 1,015 4,666 173,822 Education Department programs 468 2,400 110,698 Energy Department programs 143 609 19,710 Federal Employees Insurance Payments 197 1,071 44,892 Fed. Highway Administration programs 304 972 22,715 Federal Salaries (EFT) 3,178 3,944 103,189 Food and Nutrition Service (misc) 121 525 18,943 GSA programs 40 679 11,177 Health and Human Services Grants (misc) 308 1,807 59,556 Housing and Urban Development programs 166 3,537 45,326 Interest on Treasury Securities 0 7,076 128,705 IRS Tax Refunds Business (EFT) 604 724 17,148 IRS Tax Refunds Individual (EFT) 199 5,059 242,585 Justice Department programs 53 413 9,877 Labor Dept. prgms (excl. unemployment) 37 264 8,839 Medicaid 1,084 6,277 214,740 Medicare and Other CMS Payments 1,199 7,062 233,119 Medicare Advantage - Part C&D Payments 0 13 175,490 Marketplace Payments 0 0 22,818 NASA programs 105 395 10,472 Postal Service Money Orders and Other 197 828 24,231 Public Debt Cash Redemp. (Table III-B) 997 244,291 4,368,745 Social Security Benefits (EFT) 52 23,610 499,529 Supple. Nutrition Assist. Program (SNAP) 236 1,164 42,765 Temporary Assistance for Needy Families (HHS) 50 310 9,400 Transportation Security Admin. (DHS) 7 38 1,374 Unemployment Insurance Benefits 58 842 20,989 Veterans Affairs programs 178 986 33,181 Other Withdrawals: Federal Aviation Administration 52 167 4,499 HHS Deposit Fund Transfers to States 1/ 141 141 1,455 Interior 58 209 6,001 Thrift Savings Plan Transfer 370 1,136 24,085 Unclassified 1,279 8,208 167,737 Total, Other Withdrawals 1,900 16,990 475,624 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,902 336,619 7,164,173 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,902 $ 336,619 $ 7,164,173 Net Change in Operating Cash Balance $ -1,268 $ -23,595 $ 116,780 1/Transfer by HHS from Federal Tax Refund Offset Program to various State agencies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, May 6, 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 $ 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 152 808 -6,241 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 15 506 Interest Increment 1 401 3,459 Government Account Series 373,740 1,913,347 48,494,972 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 185 1,843 45,318 Other 943 5,239 160,678 Total Issues $ 375,024 $ 2,144,016 $ 53,360,591 (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 $ 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 44 271 6,691 Government Account Series 372,070 1,897,053 47,951,910 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 8 3,696 35,271 Other 944 5,224 160,618 Total Redemptions $ 373,067 $ 2,141,344 $ 52,321,149 Net Change in Public Debt Outstanding $ 1,957 $ 2,672 $ 1,039,442 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, May 6, 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) $ 375,024 $ 2,144,016 $ 53,360,591 Premium on New Issues 0 0 1,307 Discount on New Issues: Bills (-) 0 69 3,213 Bonds and Notes (-) 0 153 5,869 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 373,740 1,913,347 48,494,972 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 1 401 3,459 Inflation-Protected Securities Increment 152 808 -6,541 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,130 $ 229,238 $ 4,858,242 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 373,067 $ 2,141,344 $ 52,321,149 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 (-) 372,070 1,897,053 47,951,910 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 997 $ 244,291 $ 4,368,745 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, May 6, 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 $ 13,827,049 $ 13,826,922 $ 13,841,195 $ 13,123,847 Intragovernmental Holdings 5,363,010 5,361,180 5,346,193 5,026,770 Total Public Debt Outstanding 19,190,060 19,188,102 19,187,387 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,152 23,175 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 $ 19,151,425 $ 19,149,445 $ 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 Friday, May 6, 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 $ 7,726 $ 54,451 $ 1,414,252 Individual Income Taxes 71 881 89,479 Railroad Retirement Taxes 22 108 3,593 Excise Taxes 41 280 45,982 Corporation Income Taxes 35 174 186,533 Federal Unemployment Taxes 5 2,333 7,527 Estate and Gift Taxes & Misc IRS Rcpts. 1 43 666 Total $ 7,899 $ 58,270 $ 1,748,032 Cash Federal Tax Deposits: Direct $ 65 $ 606 $ 20,105 Through Depositaries 6,884 54,403 1,669,949 Total Cash FTD's $ 6,950 $ 55,009 $ 1,690,054 Inter-agency Transfers 950 3,261 57,979 Total $ 7,899 $ 58,270 $ 1,748,032 ___________________________________________________________________________________________ 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 Friday, May 6, 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 $ 720 $ 25,784 IRS Tax Refunds Business (EFT) 604 724 17,148 IRS Tax Refunds Individual (Checks) 2,089 3,385 50,261 IRS Tax Refunds Individual (EFT) 199 5,059 242,585 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.