1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, May 9, 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 $ 322,035 $ 315,496 $ 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 $ 322,035 $ 315,496 $ 339,091 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, May 9, 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) $ 30 $ 151 $ 7,218 Air Transport Security Fees 1 16 2,190 Cash FTD's Received (Table IV) 14,135 69,144 1,704,189 Commodity Credit Corporation programs 8 39 1,944 Customs and Certain Excise Taxes 65 478 26,717 Deposits by States: Supplemental Security Income 7 30 2,118 Unemployment 1,267 14,045 30,840 Education Department programs 267 1,369 35,429 Energy Department programs 7 56 4,474 Estate and Gift Taxes 70 452 13,901 Federal Reserve Earnings 0 1,430 76,650 Foreign Deposits, Military Sales 27 1,497 21,911 Housing and Urban Development programs 4 83 2,117 Individual Income and Employment Taxes, Not Withheld 402 6,591 338,113 Interest recd from cash investments 0 0 0 Justice Department programs 30 1,315 12,956 Postal Service 379 2,291 56,692 Public Debt Cash Issues (Table III-B) 961 230,199 4,859,203 Other Deposits: Federal Housing Admin: Note Sales 140 996 13,043 Medicare Premiums 62 415 17,582 Total Other Deposits 202 1,700 102,153 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 17,862 330,886 7,298,815 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 17,862 $ 330,886 $ 7,298,815 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, May 9, 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 $ 15 $ 83 $ 14,530 Defense Vendor Payments (EFT) 1,032 5,698 174,854 Education Department programs 491 2,891 111,189 Energy Department programs 69 678 19,779 Federal Employees Insurance Payments 202 1,273 45,094 Fed. Highway Administration programs 61 1,033 22,776 Federal Salaries (EFT) 1,396 5,340 104,585 Food and Nutrition Service (misc) 120 646 19,063 GSA programs 21 700 11,198 Health and Human Services Grants (misc) 381 2,188 59,937 Housing and Urban Development programs 113 3,651 45,440 Interest on Treasury Securities 0 7,076 128,705 IRS Tax Refunds Business (EFT) 0 724 17,148 IRS Tax Refunds Individual (EFT) 244 5,303 242,829 Justice Department programs 124 537 10,002 Labor Dept. prgms (excl. unemployment) 39 304 8,878 Medicaid 979 7,255 215,718 Medicare and Other CMS Payments 1,265 8,327 234,384 Medicare Advantage - Part C&D Payments 0 13 175,490 Marketplace Payments 0 0 22,818 NASA programs 52 447 10,524 Postal Service Money Orders and Other 269 1,098 24,500 Public Debt Cash Redemp. (Table III-B) 1,054 245,345 4,369,799 Social Security Benefits (EFT) 57 23,667 499,585 Supple. Nutrition Assist. Program (SNAP) 714 1,878 43,479 Temporary Assistance for Needy Families (HHS) 97 407 9,496 Transportation Security Admin. (DHS) 6 44 1,380 Unemployment Insurance Benefits 112 953 21,100 Veterans Affairs programs 193 1,178 33,374 Other Withdrawals: Federal Transit Admin. 64 276 6,593 Thrift Savings Plan Transfer 214 1,350 24,299 Unclassified 1,939 10,147 169,675 Total, Other Withdrawals 2,217 19,207 477,841 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,323 347,942 7,175,497 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,323 $ 347,942 $ 7,175,497 Net Change in Operating Cash Balance $ 6,539 $ -17,056 $ 123,319 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, May 9, 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 453 1,261 -5,788 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 8 24 515 Interest Increment 9 410 3,468 Government Account Series 376,484 2,289,830 48,871,456 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 10 1,853 45,328 Other 942 6,181 161,620 Total Issues $ 377,906 $ 2,521,922 $ 53,738,497 (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 60 332 6,751 Government Account Series 369,414 2,266,468 48,321,324 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 50 3,746 35,321 Other 944 6,167 161,561 Total Redemptions $ 370,468 $ 2,511,812 $ 52,691,618 Net Change in Public Debt Outstanding $ 7,438 $ 10,110 $ 1,046,880 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, May 9, 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) $ 377,906 $ 2,521,922 $ 53,738,497 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 (-) 376,484 2,289,830 48,871,456 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 9 410 3,468 Inflation-Protected Securities Increment 453 1,261 -6,089 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 961 $ 230,199 $ 4,859,203 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 370,468 $ 2,511,812 $ 52,691,618 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 (-) 369,414 2,266,468 48,321,324 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,054 $ 245,345 $ 4,369,799 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, May 9, 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 $ 13,827,271 $ 13,827,049 $ 13,841,195 $ 13,123,847 Intragovernmental Holdings 5,370,226 5,363,010 5,346,193 5,026,770 Total Public Debt Outstanding 19,197,497 19,190,060 19,187,387 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,083 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 $ 19,158,932 $ 19,151,425 $ 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 9, 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 $ 14,458 $ 68,909 $ 1,428,710 Individual Income Taxes 104 985 89,584 Railroad Retirement Taxes 45 153 3,638 Excise Taxes 56 336 46,038 Corporation Income Taxes 71 245 186,605 Federal Unemployment Taxes 9 2,343 7,536 Estate and Gift Taxes & Misc IRS Rcpts. 2 45 668 Total $ 14,746 $ 73,016 $ 1,762,779 Cash Federal Tax Deposits: Direct $ 82 $ 688 $ 20,187 Through Depositaries 14,053 68,456 1,684,002 Total Cash FTD's $ 14,135 $ 69,144 $ 1,704,189 Inter-agency Transfers 611 3,872 58,590 Total $ 14,746 $ 73,016 $ 1,762,779 ___________________________________________________________________________________________ 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 9, 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) $ 31 $ 751 $ 25,814 IRS Tax Refunds Business (EFT) 0 724 17,148 IRS Tax Refunds Individual (Checks) 186 3,571 50,447 IRS Tax Refunds Individual (EFT) 244 5,303 242,829 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.