1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, June 13, 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 $ 226,608 $ 212,512 $ 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 $ 226,608 $ 212,512 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, June 13, 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) $ 23 $ 355 $ 8,074 Air Transport Security Fees 1 10 2,535 Cash FTD's Received (Table IV) 19,637 90,760 1,922,604 Commodity Credit Corporation programs 5 77 2,205 Customs and Certain Excise Taxes 86 655 30,329 Deposits by States: Supplemental Security Income 4 259 2,432 Unemployment 11 154 32,596 Education Department programs 205 2,084 41,193 Energy Department programs 8 70 4,977 Estate and Gift Taxes 28 617 15,554 Federal Reserve Earnings 0 3,435 86,288 Foreign Deposits, Military Sales 6 1,304 24,038 Housing and Urban Development programs 27 101 2,374 Individual Income and Employment Taxes, Not Withheld 1,896 8,900 352,587 Interest recd from cash investments 0 0 0 Justice Department programs 9 280 13,448 Postal Service 346 3,305 64,732 Public Debt Cash Issues (Table III-B) 1,046 207,320 5,630,088 Other Deposits: Federal Housing Admin: Note Sales 52 1,185 15,033 Medicare Premiums 177 691 20,409 Total Other Deposits 229 4,517 113,535 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 23,567 324,203 8,349,587 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 23,567 $ 324,203 $ 8,349,587 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, June 13, 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 $ 8 $ 103 $ 14,837 Defense Vendor Payments (EFT) 1,196 8,983 200,615 Education Department programs 545 4,461 123,437 Energy Department programs 109 988 22,927 Federal Employees Insurance Payments 179 2,851 52,866 Fed. Highway Administration programs 82 1,589 26,914 Federal Salaries (EFT) 66 6,901 119,138 Food and Nutrition Service (misc) 131 1,175 22,541 GSA programs 59 911 12,956 Health and Human Services Grants (misc) 360 3,460 69,556 Housing and Urban Development programs 141 4,064 51,616 Interest on Treasury Securities 0 75 170,543 IRS Tax Refunds Business (EFT) 18 542 18,398 IRS Tax Refunds Individual (EFT) 68 1,936 250,247 Justice Department programs 61 647 11,891 Labor Dept. prgms (excl. unemployment) 32 462 10,277 Medicaid 1,429 13,279 251,251 Medicare and Other CMS Payments 1,044 12,518 271,563 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 50 638 11,959 Postal Service Money Orders and Other 160 1,521 28,247 Public Debt Cash Redemp. (Table III-B) 1,122 225,615 5,106,568 Social Security Benefits (EFT) 44 38,618 583,202 Supple. Nutrition Assist. Program (SNAP) 768 2,877 50,463 Temporary Assistance for Needy Families (HHS) 35 449 10,829 Transportation Security Admin. (DHS) 10 125 1,659 Unemployment Insurance Benefits 102 1,106 24,408 Veterans Affairs programs 170 1,956 38,147 Other Withdrawals: Agency for Internat'l Development 53 265 10,411 Federal Transit Admin. 73 394 7,616 State Department 55 349 7,527 Treasury Dept: Claims Payments 130 152 3,239 Unclassified 1,171 10,573 199,226 Total, Other Withdrawals 1,483 37,421 542,478 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,471 396,012 8,321,696 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,471 $ 396,012 $ 8,321,696 Net Change in Operating Cash Balance $ 14,096 $ -71,809 $ 27,892 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, June 13, 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 $ 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 556 2,390 125 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 7 37 604 Interest Increment 8 437 3,956 Government Account Series 376,595 3,420,821 58,067,051 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 65 3,887 58,246 Other 974 9,586 187,127 Total Issues $ 378,205 $ 3,631,151 $ 63,712,257 (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 $ 211,000 $ 3,721,980 Notes 0 0 1,118,299 Bonds 0 2 29,831 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 58 461 7,872 Government Account Series 373,657 3,448,712 57,533,537 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 104 4,577 41,550 Other 960 9,575 187,036 Total Redemptions $ 374,779 $ 3,674,327 $ 62,640,599 Net Change in Public Debt Outstanding $ 3,425 $ -43,176 $ 1,071,658 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, June 13, 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) $ 378,205 $ 3,631,151 $ 63,712,257 Premium on New Issues 0 0 1,766 Discount on New Issues: Bills (-) 0 182 3,790 Bonds and Notes (-) 0 0 6,659 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 376,595 3,420,821 58,067,051 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 8 437 3,956 Inflation-Protected Securities Increment 556 2,390 -205 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,046 $ 207,320 $ 5,630,088 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 374,779 $ 3,674,327 $ 62,640,599 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 (-) 373,657 3,448,712 57,533,537 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,122 $ 225,615 $ 5,106,568 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, June 13, 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 $ 13,873,342 $ 13,872,875 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,348,934 5,345,976 5,379,149 5,026,770 Total Public Debt Outstanding 19,222,276 19,218,850 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,846 22,916 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 $ 19,183,948 $ 19,180,452 $ 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 Monday, June 13, 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 $ 14,329 $ 84,791 $ 1,630,514 Individual Income Taxes 1,388 3,122 94,220 Railroad Retirement Taxes 47 203 4,210 Excise Taxes 286 1,028 53,445 Corporation Income Taxes 4,078 6,338 199,675 Federal Unemployment Taxes 3 30 7,623 Estate and Gift Taxes & Misc IRS Rcpts. -1 45 766 Total $ 20,131 $ 95,556 $ 1,990,453 Cash Federal Tax Deposits: Direct $ 64 $ 452 $ 22,965 Through Depositaries 19,573 90,308 1,899,639 Total Cash FTD's $ 19,637 $ 90,760 $ 1,922,604 Inter-agency Transfers 495 4,796 67,849 Total $ 20,131 $ 95,556 $ 1,990,453 ___________________________________________________________________________________________ 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 Monday, June 13, 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) $ 14 $ 731 $ 29,054 IRS Tax Refunds Business (EFT) 18 542 18,398 IRS Tax Refunds Individual (Checks) 55 1,890 57,426 IRS Tax Refunds Individual (EFT) 68 1,936 250,247 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.