1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, June 1, 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 $ 259,693 $ 298,416 $ 298,416 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 259,693 $ 298,416 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, June 1, 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) $ 83 $ 83 $ 7,802 Air Transport Security Fees 3 3 2,527 Cash FTD's Received (Table IV) 15,955 15,955 1,847,799 Commodity Credit Corporation programs 18 18 2,146 Customs and Certain Excise Taxes 71 71 29,746 Deposits by States: Supplemental Security Income 6 6 2,179 Unemployment 28 28 32,469 Education Department programs 402 402 39,512 Energy Department programs 12 12 4,919 Estate and Gift Taxes 73 73 15,010 Federal Reserve Earnings 1,233 1,233 84,086 Foreign Deposits, Military Sales 1,000 1,000 23,734 Housing and Urban Development programs 3 3 2,276 Individual Income and Employment Taxes, Not Withheld 335 335 344,022 Interest recd from cash investments 0 0 0 Justice Department programs 103 103 13,271 Postal Service 425 425 61,852 Public Debt Cash Issues (Table III-B) 2,563 2,563 5,425,331 Other Deposits: Export-Import Bank 52 52 1,787 Federal Housing Admin: Note Sales 57 57 13,905 Medicare Premiums 167 167 19,886 Natl Railroad Retirement Inv Trust 190 190 971 Thrift Savings Plan Transfer 324 324 24,537 Total Other Deposits 790 790 109,808 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 23,102 23,102 8,048,487 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 23,102 $ 23,102 $ 8,048,487 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, June 1, 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 $ 18 $ 14,751 Defense Vendor Payments (EFT) 456 456 192,088 Education Department programs 324 324 119,300 Energy Department programs 129 129 22,068 Federal Employees Insurance Payments 255 255 50,270 Fed. Highway Administration programs 170 170 25,495 Federal Salaries (EFT) 481 481 112,718 Food and Nutrition Service (misc) 74 74 21,439 GSA programs 523 523 12,568 Health and Human Services Grants (misc) 513 513 66,609 Housing and Urban Development programs 2,613 2,613 50,165 Interest on Treasury Securities 75 75 170,543 IRS Tax Refunds Business (EFT) 0 0 17,857 IRS Tax Refunds Individual (EFT) 75 75 248,387 Justice Department programs 10 10 11,254 Labor Dept. prgms (excl. unemployment) 62 62 9,878 Medicaid 1,278 1,278 239,250 Medicare and Other CMS Payments 1,556 1,556 260,601 Medicare Advantage - Part C&D Payments 20,739 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 0 0 11,321 Postal Service Money Orders and Other 170 170 26,897 Public Debt Cash Redemp. (Table III-B) 5,428 5,428 4,886,381 Social Security Benefits (EFT) 181 181 544,764 Supple. Nutrition Assist. Program (SNAP) 104 104 47,691 Temporary Assistance for Needy Families (HHS) 43 43 10,423 Transportation Security Admin. (DHS) 0 0 1,534 Unemployment Insurance Benefits 245 245 23,547 Veterans Affairs programs 521 521 36,712 Other Withdrawals: Civil Service Retirement (EFT) 5,382 5,382 48,785 Military Active Duty Pay (EFT) 3,621 3,621 55,148 Military Retirement (EFT) 4,255 4,255 38,538 Railroad Retirement (EFT) 1,054 1,054 9,635 Supple. Security Income Benefits (EFT) 4,199 4,199 39,887 Thrift Savings Plan Transfer 77 77 25,867 Veterans Benefits (EFT) 6,054 6,054 56,856 Unclassified 1,138 1,138 189,791 Total, Other Withdrawals 25,780 25,780 530,838 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 61,826 61,826 7,987,510 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 61,826 $ 61,826 $ 7,987,510 Net Change in Operating Cash Balance $ -38,723 $ -38,723 $ 60,977 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, June 1, 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 $ 0 $ 3,581,933 Cash Management Series 0 0 95,007 Notes 0 0 1,391,463 Bonds 0 0 130,067 Inflation-Protected Securities Increment 162 162 -2,104 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 3 570 Interest Increment 401 401 3,920 Government Account Series 376,770 376,770 55,023,000 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,587 1,587 55,946 Other 974 974 178,514 Total Issues $ 379,896 $ 379,896 $ 60,461,002 (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 $ 3,510,980 Notes 0 0 1,118,299 Bonds 0 0 29,830 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 61 61 7,471 Government Account Series 409,286 409,286 54,494,111 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4,403 4,403 41,375 Other 965 965 178,425 Total Redemptions $ 414,714 $ 414,714 $ 59,380,986 Net Change in Public Debt Outstanding $ -34,817 $ -34,817 $ 1,080,017 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, June 1, 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) $ 379,896 $ 379,896 $ 60,461,002 Premium on New Issues 0 0 1,766 Discount on New Issues: Bills (-) 0 0 3,607 Bonds and Notes (-) 0 0 6,659 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 376,770 376,770 55,023,000 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 401 401 3,920 Inflation-Protected Securities Increment 162 162 -2,433 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 2,563 $ 2,563 $ 5,425,331 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 414,714 $ 414,714 $ 59,380,986 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 (-) 409,286 409,286 54,494,111 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 5,428 $ 5,428 $ 4,886,381 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, June 1, 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 $ 13,884,271 $ 13,886,303 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,346,363 5,379,149 5,379,149 5,026,770 Total Public Debt Outstanding 19,230,634 19,265,452 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,818 22,841 22,841 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 $ 19,192,334 $ 19,227,128 $ 19,227,128 $ 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, June 1, 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 $ 17,602 $ 17,602 $ 1,563,325 Individual Income Taxes 139 139 91,237 Railroad Retirement Taxes 13 13 4,020 Excise Taxes 12 12 52,428 Corporation Income Taxes 59 59 193,397 Federal Unemployment Taxes 4 4 7,598 Estate and Gift Taxes & Misc IRS Rcpts. 1 1 722 Total $ 17,831 $ 17,831 $ 1,912,728 Cash Federal Tax Deposits: Direct $ 33 $ 33 $ 22,546 Through Depositaries 15,922 15,922 1,825,253 Total Cash FTD's $ 15,955 $ 15,955 $ 1,847,799 Inter-agency Transfers 1,876 1,876 64,929 Total $ 17,831 $ 17,831 $ 1,912,728 ___________________________________________________________________________________________ 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, June 1, 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) $ 20 $ 20 $ 28,343 IRS Tax Refunds Business (EFT) 0 0 17,857 IRS Tax Refunds Individual (Checks) 46 46 55,582 IRS Tax Refunds Individual (EFT) 75 75 248,387 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.