1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, June 3, 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 $ 232,934 $ 256,930 $ 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 $ 232,934 $ 256,930 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, June 3, 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) $ 21 $ 139 $ 7,858 Air Transport Security Fees 1 4 2,529 Cash FTD's Received (Table IV) 8,953 35,429 1,867,274 Commodity Credit Corporation programs 11 34 2,163 Customs and Certain Excise Taxes 57 195 29,869 Deposits by States: Supplemental Security Income 1 19 2,192 Unemployment 14 63 32,504 Education Department programs 191 757 39,866 Energy Department programs 7 22 4,929 Estate and Gift Taxes 36 243 15,180 Federal Reserve Earnings 0 1,233 84,086 Foreign Deposits, Military Sales 84 1,177 23,910 Housing and Urban Development programs 4 13 2,285 Individual Income and Employment Taxes, Not Withheld 205 1,492 345,179 Interest recd from cash investments 0 0 0 Justice Department programs 12 123 13,291 Postal Service 342 1,106 62,534 Public Debt Cash Issues (Table III-B) 1,075 102,412 5,525,180 Other Deposits: Federal Housing Admin: Note Sales 149 262 14,111 Thrift Savings Plan Transfer 71 412 24,624 Total Other Deposits 221 1,551 110,570 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 11,236 146,013 8,171,398 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 11,236 $ 146,013 $ 8,171,398 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, June 3, 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 $ 10 $ 33 $ 14,766 Defense Vendor Payments (EFT) 841 2,328 193,960 Education Department programs 583 1,354 120,330 Energy Department programs 125 371 22,309 Federal Employees Insurance Payments 201 700 50,715 Fed. Highway Administration programs 79 430 25,755 Federal Salaries (EFT) 3,535 4,103 116,339 Food and Nutrition Service (misc) 124 277 21,642 GSA programs 42 675 12,719 Health and Human Services Grants (misc) 359 1,257 67,353 Housing and Urban Development programs 237 3,017 50,569 Interest on Treasury Securities 0 75 170,543 IRS Tax Refunds Business (EFT) 0 299 18,156 IRS Tax Refunds Individual (EFT) 79 977 249,289 Justice Department programs 82 159 11,403 Labor Dept. prgms (excl. unemployment) 38 209 10,025 Medicaid 990 3,702 241,675 Medicare and Other CMS Payments 1,376 4,889 263,933 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 153 301 11,622 Postal Service Money Orders and Other 152 461 27,187 Public Debt Cash Redemp. (Table III-B) 1,032 110,895 4,991,847 Social Security Benefits (EFT) 23,156 23,392 567,976 Supple. Nutrition Assist. Program (SNAP) 190 439 48,025 Temporary Assistance for Needy Families (HHS) 68 194 10,574 Transportation Security Admin. (DHS) 17 52 1,585 Unemployment Insurance Benefits 52 415 23,717 Veterans Affairs programs 159 843 37,034 Other Withdrawals: Thrift Savings Plan Transfer 219 329 26,118 Unclassified 1,331 3,574 192,227 Total, Other Withdrawals 1,550 28,909 533,966 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 35,232 211,495 8,137,179 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 35,232 $ 211,495 $ 8,137,179 Net Change in Operating Cash Balance $ -23,996 $ -65,482 $ 34,218 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, June 3, 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 $ 97,000 $ 3,678,933 Cash Management Series 0 0 95,007 Notes 0 -11 1,391,453 Bonds 0 0 130,067 Inflation-Protected Securities Increment 187 534 -1,731 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 9 576 Interest Increment 2 406 3,925 Government Account Series 385,031 1,144,602 55,790,831 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 97 2,173 56,532 Other 975 3,338 180,879 Total Issues $ 386,294 $ 1,248,052 $ 61,329,158 (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 $ 102,997 $ 3,613,977 Notes 0 0 1,118,299 Bonds 0 1 29,830 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 158 7,569 Government Account Series 400,027 1,188,095 55,272,920 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 8 4,411 41,384 Other 978 3,328 180,789 Total Redemptions $ 401,059 $ 1,298,990 $ 60,265,262 Net Change in Public Debt Outstanding $ -14,765 $ -50,938 $ 1,063,896 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, June 3, 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) $ 386,294 $ 1,248,052 $ 61,329,158 Premium on New Issues 0 0 1,766 Discount on New Issues: Bills (-) 0 97 3,705 Bonds and Notes (-) 0 0 6,659 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 385,031 1,144,602 55,790,831 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 406 3,925 Inflation-Protected Securities Increment 187 534 -2,061 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,075 $ 102,412 $ 5,525,180 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 401,059 $ 1,298,990 $ 60,265,262 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 (-) 400,027 1,188,095 55,272,920 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,032 $ 110,895 $ 4,991,847 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, June 3, 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 $ 13,879,563 $ 13,879,180 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,334,951 5,350,100 5,379,149 5,026,770 Total Public Debt Outstanding 19,214,514 19,229,280 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,995 23,019 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 $ 19,176,036 $ 19,190,778 $ 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 Friday, June 3, 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 $ 9,379 $ 37,793 $ 1,583,516 Individual Income Taxes 115 359 91,457 Railroad Retirement Taxes 14 38 4,045 Excise Taxes 18 40 52,456 Corporation Income Taxes 190 292 193,629 Federal Unemployment Taxes 3 10 7,603 Estate and Gift Taxes & Misc IRS Rcpts. 27 30 751 Total $ 9,746 $ 38,562 $ 1,933,459 Cash Federal Tax Deposits: Direct $ 118 $ 197 $ 22,711 Through Depositaries 8,835 35,232 1,844,563 Total Cash FTD's $ 8,953 $ 35,429 $ 1,867,274 Inter-agency Transfers 793 3,133 66,185 Total $ 9,746 $ 38,562 $ 1,933,459 ___________________________________________________________________________________________ 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, June 3, 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) $ 35 $ 152 $ 28,474 IRS Tax Refunds Business (EFT) 0 299 18,156 IRS Tax Refunds Individual (Checks) 62 183 55,719 IRS Tax Refunds Individual (EFT) 79 977 249,289 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.