1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, June 2, 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 $ 256,930 $ 259,693 $ 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 $ 256,930 $ 259,693 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, June 2, 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) $ 35 $ 118 $ 7,837 Air Transport Security Fees 1 4 2,528 Cash FTD's Received (Table IV) 10,521 26,476 1,858,320 Commodity Credit Corporation programs 5 23 2,151 Customs and Certain Excise Taxes 66 138 29,812 Deposits by States: Supplemental Security Income 11 18 2,191 Unemployment 21 49 32,491 Education Department programs 163 565 39,675 Energy Department programs 3 15 4,922 Estate and Gift Taxes 134 207 15,144 Federal Reserve Earnings 0 1,233 84,086 Foreign Deposits, Military Sales 93 1,092 23,826 Housing and Urban Development programs 6 9 2,281 Individual Income and Employment Taxes, Not Withheld 953 1,287 344,974 Interest recd from cash investments 0 0 0 Justice Department programs 9 112 13,279 Postal Service 339 764 62,191 Public Debt Cash Issues (Table III-B) 98,774 101,338 5,524,105 Other Deposits: Commodity Futures Trading Commission 425 425 479 Federal Housing Admin: Note Sales 56 113 13,962 Medicare Premiums 60 227 19,945 Total Other Deposits 541 1,331 110,349 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 111,675 134,777 8,160,162 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 111,675 $ 134,777 $ 8,160,162 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, June 2, 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 $ 23 $ 14,757 Defense Vendor Payments (EFT) 1,032 1,487 193,119 Education Department programs 446 771 119,747 Energy Department programs 117 246 22,185 Federal Employees Insurance Payments 244 499 50,514 Fed. Highway Administration programs 180 351 25,675 Federal Salaries (EFT) 87 568 112,804 Food and Nutrition Service (misc) 79 153 21,518 GSA programs 109 632 12,677 Health and Human Services Grants (misc) 385 898 66,994 Housing and Urban Development programs 167 2,780 50,331 Interest on Treasury Securities 0 75 170,543 IRS Tax Refunds Business (EFT) 299 299 18,156 IRS Tax Refunds Individual (EFT) 823 899 249,210 Justice Department programs 67 76 11,320 Labor Dept. prgms (excl. unemployment) 109 171 9,986 Medicaid 1,435 2,712 240,685 Medicare and Other CMS Payments 1,957 3,513 262,558 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 148 148 11,470 Postal Service Money Orders and Other 139 309 27,035 Public Debt Cash Redemp. (Table III-B) 104,434 109,862 4,990,815 Social Security Benefits (EFT) 55 236 544,820 Supple. Nutrition Assist. Program (SNAP) 144 248 47,835 Temporary Assistance for Needy Families (HHS) 82 126 10,506 Transportation Security Admin. (DHS) 35 35 1,568 Unemployment Insurance Benefits 118 362 23,664 Veterans Affairs programs 164 684 36,876 Other Withdrawals: Agriculture 62 62 8,797 Federal Railroad Admin. 115 115 2,617 Federal Transit Admin. 129 155 7,377 Interior 98 127 6,842 Supple. Security Income Benefits (EFT) 70 4,268 39,957 Unclassified 1,106 2,242 190,896 Total, Other Withdrawals 1,579 27,359 532,416 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 114,439 176,263 8,101,947 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 114,439 $ 176,263 $ 8,101,947 Net Change in Operating Cash Balance $ -2,763 $ -41,486 $ 58,214 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, June 2, 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 $ 97,000 $ 97,000 $ 3,678,933 Cash Management Series 0 0 95,007 Notes -11 -11 1,391,453 Bonds 0 0 130,067 Inflation-Protected Securities Increment 186 348 -1,918 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 7 574 Interest Increment 3 404 3,923 Government Account Series 382,801 759,571 55,405,801 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 490 2,077 56,436 Other 1,389 2,363 179,903 Total Issues $ 481,862 $ 861,758 $ 60,942,864 (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 $ 102,997 $ 102,997 $ 3,613,977 Notes 0 0 1,118,299 Bonds 1 1 29,830 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 51 112 7,522 Government Account Series 378,782 788,068 54,872,893 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 4,404 41,376 Other 1,385 2,350 179,810 Total Redemptions $ 483,216 $ 897,930 $ 59,864,202 Net Change in Public Debt Outstanding $ -1,355 $ -36,172 $ 1,078,662 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, June 2, 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) $ 481,862 $ 861,758 $ 60,942,864 Premium on New Issues 0 0 1,766 Discount on New Issues: Bills (-) 97 97 3,705 Bonds and Notes (-) 0 0 6,659 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 382,801 759,571 55,405,801 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 404 3,923 Inflation-Protected Securities Increment 186 348 -2,248 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 98,774 $ 101,338 $ 5,524,105 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 483,216 $ 897,930 $ 59,864,202 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 (-) 378,782 788,068 54,872,893 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 104,434 $ 109,862 $ 4,990,815 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, June 2, 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 $ 13,879,180 $ 13,884,271 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,350,100 5,346,363 5,379,149 5,026,770 Total Public Debt Outstanding 19,229,280 19,230,634 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,019 22,818 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 $ 19,190,778 $ 19,192,334 $ 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 Thursday, June 2, 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 $ 10,812 $ 28,414 $ 1,574,137 Individual Income Taxes 105 245 91,343 Railroad Retirement Taxes 11 24 4,031 Excise Taxes 9 21 52,438 Corporation Income Taxes 43 102 193,439 Federal Unemployment Taxes 3 7 7,601 Estate and Gift Taxes & Misc IRS Rcpts. 2 3 724 Total $ 10,985 $ 28,815 $ 1,923,712 Cash Federal Tax Deposits: Direct $ 46 $ 79 $ 22,592 Through Depositaries 10,475 26,397 1,835,728 Total Cash FTD's $ 10,521 $ 26,476 $ 1,858,320 Inter-agency Transfers 463 2,340 65,392 Total $ 10,985 $ 28,815 $ 1,923,712 ___________________________________________________________________________________________ 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, June 2, 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) $ 96 $ 117 $ 28,439 IRS Tax Refunds Business (EFT) 299 299 18,156 IRS Tax Refunds Individual (Checks) 75 121 55,657 IRS Tax Refunds Individual (EFT) 823 899 249,210 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.