1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, June 7, 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 $ 234,678 $ 238,930 $ 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 $ 234,678 $ 238,930 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, June 7, 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) $ 32 $ 196 $ 7,914 Air Transport Security Fees 1 7 2,531 Cash FTD's Received (Table IV) 2,254 51,575 1,883,419 Commodity Credit Corporation programs 5 41 2,170 Customs and Certain Excise Taxes 89 349 30,023 Deposits by States: Supplemental Security Income 221 244 2,417 Unemployment 20 97 32,539 Education Department programs 420 1,373 40,482 Energy Department programs 7 40 4,946 Estate and Gift Taxes 167 455 15,392 Federal Reserve Earnings 0 1,233 84,086 Foreign Deposits, Military Sales 11 1,194 23,928 Housing and Urban Development programs 45 60 2,332 Individual Income and Employment Taxes, Not Withheld 938 2,773 346,459 Interest recd from cash investments 0 0 0 Justice Department programs 18 151 13,319 Postal Service 460 2,010 63,438 Public Debt Cash Issues (Table III-B) 1,625 105,048 5,527,815 Other Deposits: Federal Housing Admin: Note Sales 399 884 14,732 Thrift Savings Plan Transfer 261 1,662 25,874 Total Other Deposits 660 3,423 112,441 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 6,974 170,268 8,195,653 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 6,974 $ 170,268 $ 8,195,653 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, June 7, 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 $ 22 $ 65 $ 14,799 Defense Vendor Payments (EFT) 1,295 4,765 196,396 Education Department programs 413 2,431 121,407 Energy Department programs 70 515 22,454 Federal Employees Insurance Payments 265 1,129 51,144 Fed. Highway Administration programs 230 903 26,228 Federal Salaries (EFT) 388 5,883 118,119 Food and Nutrition Service (misc) 82 538 21,903 GSA programs 33 741 12,786 Health and Human Services Grants (misc) 396 2,004 68,099 Housing and Urban Development programs 157 3,424 50,975 Interest on Treasury Securities 0 75 170,543 IRS Tax Refunds Business (EFT) 205 505 18,361 IRS Tax Refunds Individual (EFT) 70 1,131 249,443 Justice Department programs 61 358 11,602 Labor Dept. prgms (excl. unemployment) 49 287 10,102 Medicaid 2,702 7,683 245,656 Medicare and Other CMS Payments 1,508 7,553 266,597 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 28 396 11,718 Postal Service Money Orders and Other 201 899 27,625 Public Debt Cash Redemp. (Table III-B) 1,033 112,982 4,993,935 Social Security Benefits (EFT) 36 23,462 568,045 Supple. Nutrition Assist. Program (SNAP) 247 1,314 48,901 Temporary Assistance for Needy Families (HHS) 30 287 10,667 Transportation Security Admin. (DHS) 4 58 1,591 Unemployment Insurance Benefits 211 734 24,036 Veterans Affairs programs 151 1,273 37,464 Other Withdrawals: Agriculture 153 274 9,009 Unclassified 1,187 6,228 194,882 Total, Other Withdrawals 1,340 31,872 536,930 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 11,226 234,007 8,159,691 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 11,226 $ 234,007 $ 8,159,691 Net Change in Operating Cash Balance $ -4,252 $ -63,738 $ 35,962 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, June 7, 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 186 1,276 -989 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 21 588 Interest Increment 4 419 3,938 Government Account Series 378,940 1,900,932 56,547,161 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 650 2,853 57,212 Other 971 5,282 182,823 Total Issues $ 380,756 $ 2,007,772 $ 62,088,878 (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 55 275 7,685 Government Account Series 371,809 1,931,843 56,016,668 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 4,434 41,406 Other 975 5,277 182,737 Total Redemptions $ 372,843 $ 2,044,826 $ 61,011,098 Net Change in Public Debt Outstanding $ 7,914 $ -37,053 $ 1,077,780 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, June 7, 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) $ 380,756 $ 2,007,772 $ 62,088,878 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 (-) 378,940 1,900,932 56,547,161 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 419 3,938 Inflation-Protected Securities Increment 186 1,276 -1,319 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,625 $ 105,048 $ 5,527,815 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 372,843 $ 2,044,826 $ 61,011,098 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 (-) 371,809 1,931,843 56,016,668 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,033 $ 112,982 $ 4,993,935 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, June 7, 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 $ 13,882,390 $ 13,881,076 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,346,008 5,339,408 5,379,149 5,026,770 Total Public Debt Outstanding 19,228,398 19,220,485 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,901 22,925 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 $ 19,190,014 $ 19,182,077 $ 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 Tuesday, June 7, 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 $ 1,991 $ 54,147 $ 1,599,871 Individual Income Taxes 142 717 91,815 Railroad Retirement Taxes 3 92 4,100 Excise Taxes 30 82 52,499 Corporation Income Taxes 92 528 193,865 Federal Unemployment Taxes 3 19 7,613 Estate and Gift Taxes & Misc IRS Rcpts. 1 43 763 Total $ 2,262 $ 55,628 $ 1,950,525 Cash Federal Tax Deposits: Direct $ 43 $ 259 $ 22,773 Through Depositaries 2,211 51,316 1,860,647 Total Cash FTD's $ 2,254 $ 51,575 $ 1,883,419 Inter-agency Transfers 8 4,053 67,106 Total $ 2,262 $ 55,628 $ 1,950,525 ___________________________________________________________________________________________ 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 Tuesday, June 7, 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) $ 412 $ 645 $ 28,968 IRS Tax Refunds Business (EFT) 205 505 18,361 IRS Tax Refunds Individual (Checks) 57 1,059 56,595 IRS Tax Refunds Individual (EFT) 70 1,131 249,443 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.