1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, June 14, 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 $ 239,648 $ 226,608 $ 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 $ 239,648 $ 226,608 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, June 14, 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) $ 26 $ 381 $ 8,100 Air Transport Security Fees 1 11 2,536 Cash FTD's Received (Table IV) 15,416 106,176 1,938,020 Commodity Credit Corporation programs 8 85 2,213 Customs and Certain Excise Taxes 126 780 30,455 Deposits by States: Supplemental Security Income 1 259 2,432 Unemployment 16 170 32,611 Education Department programs 304 2,387 41,497 Energy Department programs 14 84 4,991 Estate and Gift Taxes 50 667 15,604 Federal Reserve Earnings 0 3,435 86,288 Foreign Deposits, Military Sales 21 1,325 24,059 Housing and Urban Development programs 4 105 2,378 Individual Income and Employment Taxes, Not Withheld 3,821 12,721 356,408 Interest recd from cash investments 0 0 0 Justice Department programs 7 288 13,455 Postal Service 361 3,666 65,093 Public Debt Cash Issues (Table III-B) 1,925 209,246 5,632,013 Other Deposits: Medicare Premiums 99 789 20,508 Total Other Deposits 99 4,616 113,634 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 22,200 346,403 8,371,787 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 22,200 $ 346,403 $ 8,371,787 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, June 14, 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 $ 25 $ 128 $ 14,861 Defense Vendor Payments (EFT) 1,377 10,360 201,992 Education Department programs 491 4,952 123,928 Energy Department programs 97 1,086 23,024 Federal Employees Insurance Payments 238 3,089 53,104 Fed. Highway Administration programs 167 1,756 27,081 Federal Salaries (EFT) 69 6,970 119,207 Food and Nutrition Service (misc) 128 1,304 22,669 GSA programs 53 964 13,009 Health and Human Services Grants (misc) 408 3,869 69,964 Housing and Urban Development programs 147 4,212 51,763 Interest on Treasury Securities 0 75 170,543 IRS Tax Refunds Business (EFT) 338 880 18,736 IRS Tax Refunds Individual (EFT) 71 2,007 250,319 Justice Department programs 37 684 11,928 Labor Dept. prgms (excl. unemployment) 44 505 10,321 Medicaid 1,197 14,476 252,449 Medicare and Other CMS Payments 838 13,356 272,401 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 26 664 11,985 Postal Service Money Orders and Other 132 1,654 28,380 Public Debt Cash Redemp. (Table III-B) 1,009 226,624 5,107,577 Social Security Benefits (EFT) 43 38,662 583,245 Supple. Nutrition Assist. Program (SNAP) 300 3,177 50,764 Temporary Assistance for Needy Families (HHS) 173 621 11,001 Transportation Security Admin. (DHS) 1 126 1,660 Unemployment Insurance Benefits 191 1,297 24,599 Veterans Affairs programs 175 2,131 38,322 Other Withdrawals: Thrift Savings Plan Transfer 203 804 26,594 Unclassified 1,180 11,753 200,406 Total, Other Withdrawals 1,383 38,803 543,861 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,160 405,171 8,330,855 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,160 $ 405,171 $ 8,330,855 Net Change in Operating Cash Balance $ 13,040 $ -58,768 $ 40,932 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, June 14, 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 186 2,577 311 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 40 607 Interest Increment 3 440 3,959 Government Account Series 380,067 3,800,888 58,447,118 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 964 4,851 59,210 Other 958 10,545 188,086 Total Issues $ 382,181 $ 4,013,332 $ 64,094,438 (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 49 510 7,921 Government Account Series 373,385 3,822,096 57,906,921 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 4,577 41,550 Other 960 10,534 187,995 Total Redemptions $ 374,393 $ 4,048,720 $ 63,014,992 Net Change in Public Debt Outstanding $ 7,788 $ -35,388 $ 1,079,446 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, June 14, 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) $ 382,181 $ 4,013,332 $ 64,094,438 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 (-) 380,067 3,800,888 58,447,118 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 440 3,959 Inflation-Protected Securities Increment 186 2,577 -18 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,925 $ 209,246 $ 5,632,013 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 374,393 $ 4,048,720 $ 63,014,992 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 (-) 373,385 3,822,096 57,906,921 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,009 $ 226,624 $ 5,107,577 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, June 14, 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 $ 13,874,221 $ 13,873,342 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,355,843 5,348,934 5,379,149 5,026,770 Total Public Debt Outstanding 19,230,064 19,222,276 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,822 22,846 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 $ 19,191,759 $ 19,183,948 $ 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 14, 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 $ 1,768 $ 86,559 $ 1,632,282 Individual Income Taxes 1,560 4,682 95,780 Railroad Retirement Taxes 4 207 4,214 Excise Taxes 2,341 3,369 55,786 Corporation Income Taxes 9,758 16,096 209,433 Federal Unemployment Taxes 3 32 7,626 Estate and Gift Taxes & Misc IRS Rcpts. 1 46 766 Total $ 15,435 $ 110,991 $ 2,005,888 Cash Federal Tax Deposits: Direct $ 822 $ 1,274 $ 23,787 Through Depositaries 14,594 104,902 1,914,233 Total Cash FTD's $ 15,416 $ 106,176 $ 1,938,020 Inter-agency Transfers 19 4,815 67,868 Total $ 15,435 $ 110,991 $ 2,005,888 ___________________________________________________________________________________________ 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 14, 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) $ 544 $ 1,275 $ 29,598 IRS Tax Refunds Business (EFT) 338 880 18,736 IRS Tax Refunds Individual (Checks) 45 1,935 57,471 IRS Tax Refunds Individual (EFT) 71 2,007 250,319 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.