1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, June 8, 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 $ 225,116 $ 234,678 $ 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 $ 225,116 $ 234,678 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, June 8, 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) $ 97 $ 292 $ 8,011 Air Transport Security Fees 1 8 2,532 Cash FTD's Received (Table IV) 8,438 60,013 1,891,857 Commodity Credit Corporation programs 12 54 2,182 Customs and Certain Excise Taxes 69 417 30,092 Deposits by States: Supplemental Security Income 3 247 2,420 Unemployment 21 118 32,560 Education Department programs 176 1,550 40,659 Energy Department programs 5 44 4,951 Estate and Gift Taxes 45 500 15,437 Federal Reserve Earnings 2,202 3,435 86,288 Foreign Deposits, Military Sales 20 1,214 23,948 Housing and Urban Development programs 5 65 2,337 Individual Income and Employment Taxes, Not Withheld 2,447 5,220 348,906 Interest recd from cash investments 0 0 0 Justice Department programs 72 223 13,391 Postal Service 340 2,350 63,777 Public Debt Cash Issues (Table III-B) 1,224 106,272 5,529,040 Other Deposits: Federal Housing Admin: Note Sales 85 969 14,817 Total Other Deposits 85 3,508 112,526 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 15,262 185,530 8,210,915 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 15,262 $ 185,530 $ 8,210,915 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, June 8, 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 $ 4 $ 70 $ 14,803 Defense Vendor Payments (EFT) 877 5,641 197,273 Education Department programs 439 2,870 121,846 Energy Department programs 79 594 22,533 Federal Employees Insurance Payments 262 1,391 51,406 Fed. Highway Administration programs 309 1,213 26,537 Federal Salaries (EFT) 107 5,990 118,226 Food and Nutrition Service (misc) 179 717 22,082 GSA programs 42 783 12,828 Health and Human Services Grants (misc) 366 2,369 68,465 Housing and Urban Development programs 167 3,591 51,142 Interest on Treasury Securities 0 75 170,543 IRS Tax Refunds Business (EFT) 0 505 18,362 IRS Tax Refunds Individual (EFT) 637 1,768 250,080 Justice Department programs 117 476 11,720 Labor Dept. prgms (excl. unemployment) 38 325 10,140 Medicaid 1,089 8,773 246,746 Medicare and Other CMS Payments 1,373 8,926 267,970 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 59 456 11,777 Postal Service Money Orders and Other 192 1,091 27,817 Public Debt Cash Redemp. (Table III-B) 1,013 113,996 4,994,948 Social Security Benefits (EFT) 15,017 38,479 583,063 Supple. Nutrition Assist. Program (SNAP) 265 1,580 49,166 Temporary Assistance for Needy Families (HHS) 40 327 10,707 Transportation Security Admin. (DHS) 14 72 1,605 Unemployment Insurance Benefits 130 864 24,166 Veterans Affairs programs 169 1,442 37,634 Other Withdrawals: Centers for Disease Control 53 104 3,810 Federal Financing Bank 600 696 4,019 Interior 68 315 7,030 Unclassified 1,115 7,343 195,997 Total, Other Withdrawals 1,836 33,708 538,766 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 24,824 258,830 8,184,514 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 24,824 $ 258,830 $ 8,184,514 Net Change in Operating Cash Balance $ -9,562 $ -73,300 $ 26,400 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, June 8, 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 1,463 -803 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 24 591 Interest Increment 3 422 3,941 Government Account Series 390,516 2,291,448 56,937,677 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 254 3,107 57,466 Other 968 6,250 183,791 Total Issues $ 391,930 $ 2,399,702 $ 62,480,808 (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 43 318 7,728 Government Account Series 389,045 2,320,888 56,405,713 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2 4,436 41,408 Other 968 6,245 183,706 Total Redemptions $ 390,058 $ 2,434,884 $ 61,401,156 Net Change in Public Debt Outstanding $ 1,872 $ -35,182 $ 1,079,652 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, June 8, 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) $ 391,930 $ 2,399,702 $ 62,480,808 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 (-) 390,516 2,291,448 56,937,677 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 422 3,941 Inflation-Protected Securities Increment 187 1,463 -1,133 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,224 $ 106,272 $ 5,529,040 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 390,058 $ 2,434,884 $ 61,401,156 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 (-) 389,045 2,320,888 56,405,713 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,013 $ 113,996 $ 4,994,948 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, June 8, 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 $ 13,882,697 $ 13,882,390 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,347,573 5,346,008 5,379,149 5,026,770 Total Public Debt Outstanding 19,230,270 19,228,398 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,878 22,901 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 $ 19,191,910 $ 19,190,014 $ 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 8, 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 $ 7,900 $ 62,047 $ 1,607,770 Individual Income Taxes 208 925 92,023 Railroad Retirement Taxes 3 95 4,102 Excise Taxes 17 100 52,516 Corporation Income Taxes 312 840 194,177 Federal Unemployment Taxes 3 22 7,616 Estate and Gift Taxes & Misc IRS Rcpts. 1 43 764 Total $ 8,444 $ 64,072 $ 1,958,969 Cash Federal Tax Deposits: Direct $ 58 $ 317 $ 22,831 Through Depositaries 8,379 59,695 1,869,026 Total Cash FTD's $ 8,438 $ 60,013 $ 1,891,857 Inter-agency Transfers 6 4,059 67,112 Total $ 8,444 $ 64,072 $ 1,958,969 ___________________________________________________________________________________________ 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 8, 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) $ 26 $ 671 $ 28,993 IRS Tax Refunds Business (EFT) 0 505 18,362 IRS Tax Refunds Individual (Checks) 66 1,125 56,661 IRS Tax Refunds Individual (EFT) 637 1,768 250,080 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.