1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, June 9, 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 $ 209,485 $ 225,116 $ 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 $ 209,485 $ 225,116 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, June 9, 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) $ 19 $ 311 $ 8,030 Air Transport Security Fees 1 9 2,533 Cash FTD's Received (Table IV) 2,658 62,671 1,894,516 Commodity Credit Corporation programs 14 67 2,196 Customs and Certain Excise Taxes 92 509 30,183 Deposits by States: Supplemental Security Income 4 251 2,424 Unemployment 14 132 32,574 Education Department programs 194 1,744 40,853 Energy Department programs 8 52 4,959 Estate and Gift Taxes 61 561 15,498 Federal Reserve Earnings 0 3,435 86,288 Foreign Deposits, Military Sales 71 1,285 24,019 Housing and Urban Development programs 5 70 2,342 Individual Income and Employment Taxes, Not Withheld 751 5,971 349,658 Interest recd from cash investments 0 0 0 Justice Department programs 12 235 13,402 Postal Service 317 2,667 64,094 Public Debt Cash Issues (Table III-B) 98,997 205,269 5,628,037 Other Deposits: Federal Housing Admin: Note Sales 75 1,044 14,893 Thrift Savings Plan Transfer 165 1,847 26,059 Total Other Deposits 241 3,748 112,767 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 103,458 288,988 8,314,372 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 103,458 $ 288,988 $ 8,314,372 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, June 9, 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 $ 16 $ 86 $ 14,819 Defense Vendor Payments (EFT) 950 6,591 198,223 Education Department programs 495 3,365 122,341 Energy Department programs 125 719 22,657 Federal Employees Insurance Payments 753 2,144 52,159 Fed. Highway Administration programs 154 1,366 26,691 Federal Salaries (EFT) 734 6,724 118,960 Food and Nutrition Service (misc) 202 919 22,285 GSA programs 48 831 12,876 Health and Human Services Grants (misc) 342 2,711 68,807 Housing and Urban Development programs 189 3,780 51,331 Interest on Treasury Securities 0 75 170,543 IRS Tax Refunds Business (EFT) 19 524 18,380 IRS Tax Refunds Individual (EFT) 65 1,833 250,144 Justice Department programs 48 524 11,768 Labor Dept. prgms (excl. unemployment) 68 392 10,208 Medicaid 2,475 11,248 249,221 Medicare and Other CMS Payments 1,197 10,123 269,167 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 46 501 11,823 Postal Service Money Orders and Other 127 1,218 27,945 Public Debt Cash Redemp. (Table III-B) 109,469 223,465 5,104,417 Social Security Benefits (EFT) 50 38,529 583,113 Supple. Nutrition Assist. Program (SNAP) 261 1,840 49,427 Temporary Assistance for Needy Families (HHS) 47 374 10,754 Transportation Security Admin. (DHS) 24 96 1,629 Unemployment Insurance Benefits 69 933 24,235 Veterans Affairs programs 170 1,612 37,803 Other Withdrawals: Federal Transit Admin. 54 300 7,522 State Department 52 252 7,430 Veterans Benefits (EFT) 66 6,218 57,019 Unclassified 776 8,120 196,773 Total, Other Withdrawals 949 34,657 539,714 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 119,089 377,919 8,303,603 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 119,089 $ 377,919 $ 8,303,603 Net Change in Operating Cash Balance $ -15,631 $ -88,931 $ 10,769 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, June 9, 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 $ 97,004 $ 194,003 $ 3,775,936 Cash Management Series 0 0 95,007 Notes 0 -11 1,391,453 Bonds 0 0 130,067 Inflation-Protected Securities Increment 185 1,648 -617 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 27 594 Interest Increment 3 426 3,944 Government Account Series 379,087 2,670,535 57,316,765 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 674 3,781 58,140 Other 1,402 7,652 185,192 Total Issues $ 478,358 $ 2,878,060 $ 62,959,166 (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 $ 108,004 $ 211,000 $ 3,721,980 Notes 0 0 1,118,299 Bonds 1 2 29,831 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 45 363 7,773 Government Account Series 379,693 2,700,581 56,785,406 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 11 4,447 41,419 Other 1,409 7,654 185,114 Total Redemptions $ 489,162 $ 2,924,046 $ 61,890,318 Net Change in Public Debt Outstanding $ -10,804 $ -45,986 $ 1,068,848 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, June 9, 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) $ 478,358 $ 2,878,060 $ 62,959,166 Premium on New Issues 0 0 1,766 Discount on New Issues: Bills (-) 85 182 3,790 Bonds and Notes (-) 0 0 6,659 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 379,087 2,670,535 57,316,765 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 426 3,944 Inflation-Protected Securities Increment 185 1,648 -947 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 98,997 $ 205,269 $ 5,628,037 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 489,162 $ 2,924,046 $ 61,890,318 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 (-) 379,693 2,700,581 56,785,406 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 109,469 $ 223,465 $ 5,104,417 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, June 9, 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 $ 13,872,590 $ 13,882,697 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,346,875 5,347,573 5,379,149 5,026,770 Total Public Debt Outstanding 19,219,466 19,230,270 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,939 22,878 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 $ 19,181,045 $ 19,191,910 $ 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 9, 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 $ 2,225 $ 64,272 $ 1,609,996 Individual Income Taxes 379 1,304 92,402 Railroad Retirement Taxes 1 95 4,103 Excise Taxes 56 156 52,573 Corporation Income Taxes 232 1,072 194,409 Federal Unemployment Taxes 2 24 7,618 Estate and Gift Taxes & Misc IRS Rcpts. 1 44 765 Total $ 2,897 $ 66,968 $ 1,961,865 Cash Federal Tax Deposits: Direct $ 21 $ 339 $ 22,852 Through Depositaries 2,637 62,333 1,871,664 Total Cash FTD's $ 2,658 $ 62,671 $ 1,894,516 Inter-agency Transfers 238 4,297 67,350 Total $ 2,897 $ 66,968 $ 1,961,865 ___________________________________________________________________________________________ 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 9, 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) $ 27 $ 698 $ 29,021 IRS Tax Refunds Business (EFT) 19 524 18,380 IRS Tax Refunds Individual (Checks) 50 1,175 56,711 IRS Tax Refunds Individual (EFT) 65 1,833 250,144 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.