1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, June 16, 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 $ 306,956 $ 305,523 $ 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 $ 306,956 $ 305,523 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, June 16, 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) $ 147 $ 568 $ 8,287 Air Transport Security Fees 1 13 2,537 Cash FTD's Received (Table IV) 12,940 179,803 2,011,647 Commodity Credit Corporation programs 16 108 2,236 Customs and Certain Excise Taxes 67 954 30,628 Deposits by States: Supplemental Security Income 2 271 2,444 Unemployment 11 209 32,650 Education Department programs 152 2,755 41,865 Energy Department programs 4 132 5,039 Estate and Gift Taxes 52 807 15,744 Federal Reserve Earnings 0 5,939 88,792 Foreign Deposits, Military Sales 59 1,481 24,215 Housing and Urban Development programs 8 120 2,393 Individual Income and Employment Taxes, Not Withheld 2,258 20,306 363,993 Interest recd from cash investments 0 0 0 Justice Department programs 5 300 13,468 Postal Service 296 4,256 65,684 Public Debt Cash Issues (Table III-B) 105,523 372,450 5,795,218 Other Deposits: Medicare Premiums 493 1,445 21,163 Total Other Deposits 493 5,704 114,722 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 122,035 596,179 8,621,563 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 122,035 $ 596,179 $ 8,621,563 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, June 16, 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 $ 11 $ 179 $ 14,912 Defense Vendor Payments (EFT) 1,656 13,090 204,721 Education Department programs 420 5,834 124,810 Energy Department programs 147 1,366 23,304 Federal Employees Insurance Payments 197 3,562 53,577 Fed. Highway Administration programs 175 2,209 27,534 Federal Salaries (EFT) 58 7,181 119,417 Food and Nutrition Service (misc) 149 1,648 23,013 GSA programs 82 1,097 13,141 Health and Human Services Grants (misc) 460 4,663 70,759 Housing and Urban Development programs 175 4,526 52,078 Interest on Treasury Securities 0 744 171,212 IRS Tax Refunds Business (EFT) 21 937 18,794 IRS Tax Refunds Individual (EFT) 57 2,664 250,975 Justice Department programs 125 918 12,162 Labor Dept. prgms (excl. unemployment) 85 646 10,461 Medicaid 3,516 19,199 257,172 Medicare and Other CMS Payments 1,547 16,297 275,341 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 116 814 12,135 Postal Service Money Orders and Other 103 1,877 28,603 Public Debt Cash Redemp. (Table III-B) 109,478 370,996 5,251,949 Social Security Benefits (EFT) 50 53,410 597,993 Supple. Nutrition Assist. Program (SNAP) 249 3,673 51,259 Temporary Assistance for Needy Families (HHS) 48 687 11,067 Transportation Security Admin. (DHS) 18 155 1,689 Unemployment Insurance Benefits 67 1,487 24,789 Veterans Affairs programs 206 2,532 38,723 Other Withdrawals: Agency for Internat'l Development 96 432 10,578 Agriculture Loan Payments (misc) 50 349 5,796 Federal Aviation Administration 52 308 5,300 Federal Railroad Admin. 70 230 2,732 Interior 64 551 7,266 State Department 51 444 7,621 Thrift Savings Plan Transfer 164 1,202 26,991 Unclassified 841 13,884 202,538 Total, Other Withdrawals 1,388 44,510 549,567 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 120,602 587,639 8,513,323 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 120,602 $ 587,639 $ 8,513,323 Net Change in Operating Cash Balance $ 1,433 $ 8,540 $ 108,240 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, June 16, 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 $ 101,997 $ 296,000 $ 3,877,933 Cash Management Series 0 0 95,007 Notes 0 43,989 1,435,453 Bonds 0 12,000 142,067 Inflation-Protected Securities Increment 185 2,948 683 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 45 612 Interest Increment 3 445 3,964 Government Account Series 379,963 4,562,195 59,208,425 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 2,158 7,844 62,203 Other 1,447 12,953 190,494 Total Issues $ 485,757 $ 4,938,419 $ 65,019,525 (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 $ 107,996 $ 318,996 $ 3,829,977 Notes 0 32,000 1,150,299 Bonds 1 3 29,833 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 38 588 7,999 Government Account Series 373,609 4,584,630 58,669,455 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 10 6,475 43,448 Other 1,433 12,933 190,394 Total Redemptions $ 483,087 $ 4,955,627 $ 63,921,899 Net Change in Public Debt Outstanding $ 2,670 $ -17,207 $ 1,097,627 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, June 16, 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) $ 485,757 $ 4,938,419 $ 65,019,525 Premium on New Issues 0 63 1,829 Discount on New Issues: Bills (-) 82 264 3,872 Bonds and Notes (-) 0 179 6,838 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 379,963 4,562,195 59,208,425 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 445 3,964 Inflation-Protected Securities Increment 185 2,948 353 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 105,523 $ 372,450 $ 5,795,218 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 483,087 $ 4,955,627 $ 63,921,899 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 (-) 373,609 4,584,630 58,669,455 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 109,478 $ 370,996 $ 5,251,949 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, June 16, 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 $ 13,893,504 $ 13,897,065 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,354,740 5,348,509 5,379,149 5,026,770 Total Public Debt Outstanding 19,248,244 19,245,574 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,858 22,799 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 $ 19,209,904 $ 19,207,293 $ 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 16, 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 $ 11,204 $ 108,791 $ 1,654,515 Individual Income Taxes 865 9,967 101,065 Railroad Retirement Taxes 40 254 4,262 Excise Taxes 6 3,469 55,886 Corporation Income Taxes 842 62,057 255,394 Federal Unemployment Taxes 2 68 7,662 Estate and Gift Taxes & Misc IRS Rcpts. 1 48 769 Total $ 12,960 $ 184,655 $ 2,079,552 Cash Federal Tax Deposits: Direct $ 40 $ 1,241 $ 23,755 Through Depositaries 12,901 178,561 1,987,892 Total Cash FTD's $ 12,940 $ 179,803 $ 2,011,647 Inter-agency Transfers 20 4,853 67,905 Total $ 12,960 $ 184,655 $ 2,079,552 ___________________________________________________________________________________________ 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 16, 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) $ 10 $ 1,299 $ 29,621 IRS Tax Refunds Business (EFT) 21 937 18,794 IRS Tax Refunds Individual (Checks) 56 2,048 57,584 IRS Tax Refunds Individual (EFT) 57 2,664 250,975 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.