1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, June 15, 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 $ 305,523 $ 239,648 $ 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 $ 305,523 $ 239,648 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, June 15, 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) $ 40 $ 421 $ 8,140 Air Transport Security Fees 1 12 2,536 Cash FTD's Received (Table IV) 60,687 166,863 1,998,707 Commodity Credit Corporation programs 7 92 2,220 Customs and Certain Excise Taxes 107 887 30,561 Deposits by States: Supplemental Security Income 11 270 2,443 Unemployment 27 197 32,639 Education Department programs 216 2,603 41,712 Energy Department programs 44 129 5,035 Estate and Gift Taxes 88 756 15,692 Federal Reserve Earnings 2,504 5,939 88,792 Foreign Deposits, Military Sales 97 1,422 24,156 Housing and Urban Development programs 7 113 2,385 Individual Income and Employment Taxes, Not Withheld 5,328 18,048 361,735 Interest recd from cash investments 0 0 0 Justice Department programs 7 295 13,462 Postal Service 294 3,960 65,388 Public Debt Cash Issues (Table III-B) 57,681 266,927 5,689,694 Other Deposits: Defense Finance & Accounting Service 52 276 4,847 Export-Import Bank 123 199 1,934 Federal Finance Bank 201 208 746 Medicare Premiums 162 951 20,670 Small Business Admin. Loan Sales 57 187 2,128 Total Other Deposits 594 5,210 114,228 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 127,740 474,143 8,499,528 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 127,740 $ 474,143 $ 8,499,528 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, June 15, 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 $ 40 $ 168 $ 14,901 Defense Vendor Payments (EFT) 1,073 11,433 203,065 Education Department programs 463 5,415 124,391 Energy Department programs 133 1,219 23,158 Federal Employees Insurance Payments 276 3,365 53,380 Fed. Highway Administration programs 278 2,034 27,359 Federal Salaries (EFT) 153 7,123 119,359 Food and Nutrition Service (misc) 195 1,499 22,864 GSA programs 51 1,015 13,059 Health and Human Services Grants (misc) 335 4,204 70,300 Housing and Urban Development programs 140 4,352 51,903 Interest on Treasury Securities 668 743 171,211 IRS Tax Refunds Business (EFT) 37 916 18,773 IRS Tax Refunds Individual (EFT) 600 2,607 250,918 Justice Department programs 109 793 12,037 Labor Dept. prgms (excl. unemployment) 56 561 10,377 Medicaid 1,208 15,683 253,656 Medicare and Other CMS Payments 1,394 14,750 273,794 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 34 697 12,019 Postal Service Money Orders and Other 120 1,773 28,500 Public Debt Cash Redemp. (Table III-B) 34,894 261,518 5,142,471 Social Security Benefits (EFT) 14,697 53,359 597,943 Supple. Nutrition Assist. Program (SNAP) 247 3,424 51,010 Temporary Assistance for Needy Families (HHS) 19 640 11,020 Transportation Security Admin. (DHS) 11 137 1,671 Unemployment Insurance Benefits 124 1,421 24,723 Veterans Affairs programs 194 2,325 38,517 Other Withdrawals: Military Active Duty Pay (EFT) 2,795 6,484 58,011 Thrift Savings Plan Transfer 233 1,038 26,827 Unclassified 1,290 13,043 201,696 Total, Other Withdrawals 4,318 43,122 548,179 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 61,866 467,037 8,392,721 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 61,866 $ 467,037 $ 8,392,721 Net Change in Operating Cash Balance $ 65,875 $ 7,106 $ 106,807 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, June 15, 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 44,000 43,989 1,435,453 Bonds 12,000 12,000 142,067 Inflation-Protected Securities Increment 186 2,763 498 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 42 609 Interest Increment 2 442 3,961 Government Account Series 381,344 4,182,232 58,828,462 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 834 5,685 60,044 Other 961 11,506 189,046 Total Issues $ 439,330 $ 4,452,663 $ 64,533,768 (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 32,000 32,000 1,150,299 Bonds 0 2 29,831 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 40 551 7,961 Government Account Series 388,925 4,211,021 58,295,846 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,888 6,466 43,438 Other 966 11,500 188,961 Total Redemptions $ 423,819 $ 4,472,540 $ 63,438,812 Net Change in Public Debt Outstanding $ 15,511 $ -19,877 $ 1,094,957 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, June 15, 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) $ 439,330 $ 4,452,663 $ 64,533,768 Premium on New Issues 63 63 1,829 Discount on New Issues: Bills (-) 0 182 3,790 Bonds and Notes (-) 179 179 6,838 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 381,344 4,182,232 58,828,462 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 442 3,961 Inflation-Protected Securities Increment 186 2,763 168 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 57,681 $ 266,927 $ 5,689,694 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 423,819 $ 4,472,540 $ 63,438,812 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 (-) 388,925 4,211,021 58,295,846 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 34,894 $ 261,518 $ 5,142,471 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, June 15, 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 $ 13,897,065 $ 13,874,221 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,348,509 5,355,843 5,379,149 5,026,770 Total Public Debt Outstanding 19,245,574 19,230,064 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,799 22,822 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 $ 19,207,293 $ 19,191,759 $ 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 15, 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 $ 11,029 $ 97,587 $ 1,643,311 Individual Income Taxes 4,420 9,103 100,201 Railroad Retirement Taxes 7 214 4,221 Excise Taxes 93 3,463 55,879 Corporation Income Taxes 45,119 61,215 254,552 Federal Unemployment Taxes 33 66 7,659 Estate and Gift Taxes & Misc IRS Rcpts. 2 48 768 Total $ 60,704 $ 171,695 $ 2,066,592 Cash Federal Tax Deposits: Direct $ -72 $ 1,202 $ 23,715 Through Depositaries 60,759 165,661 1,974,992 Total Cash FTD's $ 60,687 $ 166,863 $ 1,998,707 Inter-agency Transfers 17 4,833 67,885 Total $ 60,704 $ 171,695 $ 2,066,592 ___________________________________________________________________________________________ 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 15, 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 $ 1,289 $ 29,611 IRS Tax Refunds Business (EFT) 37 916 18,773 IRS Tax Refunds Individual (Checks) 57 1,992 57,528 IRS Tax Refunds Individual (EFT) 600 2,607 250,918 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.