1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, June 17, 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 $ 307,883 $ 306,956 $ 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 $ 307,883 $ 306,956 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, June 17, 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) $ 51 $ 619 $ 8,338 Air Transport Security Fees 1 15 2,539 Cash FTD's Received (Table IV) 7,312 187,115 2,018,959 Commodity Credit Corporation programs 6 114 2,243 Customs and Certain Excise Taxes 87 1,041 30,715 Deposits by States: Supplemental Security Income 1 272 2,445 Unemployment 15 223 32,665 Education Department programs 203 2,958 42,068 Energy Department programs 19 151 5,058 Estate and Gift Taxes 46 854 15,790 Federal Reserve Earnings 0 5,939 88,792 Foreign Deposits, Military Sales 40 1,521 24,255 Housing and Urban Development programs 11 131 2,404 Individual Income and Employment Taxes, Not Withheld 3,803 24,109 367,796 Interest recd from cash investments 0 0 0 Justice Department programs 7 307 13,475 Postal Service 280 4,536 65,963 Public Debt Cash Issues (Table III-B) 1,107 373,557 5,796,324 Other Deposits: Medicare Premiums 102 1,547 21,265 Thrift Savings Plan Transfer 71 2,130 26,342 Total Other Deposits 173 5,877 114,895 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 13,162 609,340 8,634,725 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 13,162 $ 609,340 $ 8,634,725 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, June 17, 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 $ 13 $ 192 $ 14,925 Defense Vendor Payments (EFT) 1,063 14,153 205,785 Education Department programs 579 6,414 125,390 Energy Department programs 183 1,549 23,487 Federal Employees Insurance Payments 175 3,737 53,752 Fed. Highway Administration programs 275 2,484 27,809 Federal Salaries (EFT) 3,278 10,459 122,695 Food and Nutrition Service (misc) 169 1,816 23,181 GSA programs 57 1,153 13,198 Health and Human Services Grants (misc) 403 5,067 71,162 Housing and Urban Development programs 162 4,689 52,240 Interest on Treasury Securities 0 744 171,212 IRS Tax Refunds Business (EFT) 2 939 18,796 IRS Tax Refunds Individual (EFT) 47 2,711 251,023 Justice Department programs 71 989 12,233 Labor Dept. prgms (excl. unemployment) 48 694 10,510 Medicaid 750 19,950 257,923 Medicare and Other CMS Payments 1,485 17,782 276,827 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 59 873 12,194 Postal Service Money Orders and Other 130 2,007 28,733 Public Debt Cash Redemp. (Table III-B) 1,011 372,008 5,252,960 Social Security Benefits (EFT) 56 53,466 598,050 Supple. Nutrition Assist. Program (SNAP) 198 3,871 51,457 Temporary Assistance for Needy Families (HHS) 49 737 11,117 Transportation Security Admin. (DHS) 4 159 1,693 Unemployment Insurance Benefits 50 1,538 24,840 Veterans Affairs programs 180 2,711 38,903 Other Withdrawals: Federal Railroad Admin. 73 303 2,805 Federal Transit Admin. 140 650 7,871 State Department 58 502 7,680 Thrift Savings Plan Transfer 213 1,414 27,204 Treasury Dept: Claims Payments 252 411 3,498 Unclassified 999 14,883 203,537 Total, Other Withdrawals 1,735 46,245 551,302 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 12,235 599,873 8,525,558 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 12,235 $ 599,873 $ 8,525,558 Net Change in Operating Cash Balance $ 927 $ 9,467 $ 109,167 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, June 17, 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 $ 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 186 3,135 869 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 5 50 617 Interest Increment 5 450 3,969 Government Account Series 378,448 4,940,643 59,586,873 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 135 7,979 62,338 Other 967 13,920 191,461 Total Issues $ 379,746 $ 5,318,166 $ 65,399,272 (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 $ 318,996 $ 3,829,977 Notes 0 32,000 1,150,299 Bonds 0 3 29,833 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 43 631 8,041 Government Account Series 373,995 4,958,625 59,043,450 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 6,477 43,449 Other 968 13,901 191,361 Total Redemptions $ 375,006 $ 5,330,633 $ 64,296,905 Net Change in Public Debt Outstanding $ 4,740 $ -12,467 $ 1,102,367 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, June 17, 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) $ 379,746 $ 5,318,166 $ 65,399,272 Premium on New Issues 0 63 1,829 Discount on New Issues: Bills (-) 0 264 3,872 Bonds and Notes (-) 0 179 6,838 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 378,448 4,940,643 59,586,873 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 5 450 3,969 Inflation-Protected Securities Increment 186 3,135 540 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,107 $ 373,557 $ 5,796,324 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 375,006 $ 5,330,633 $ 64,296,905 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 (-) 373,995 4,958,625 59,043,450 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,011 $ 372,008 $ 5,252,960 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, June 17, 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 $ 13,893,769 $ 13,893,504 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,359,215 5,354,740 5,379,149 5,026,770 Total Public Debt Outstanding 19,252,985 19,248,244 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,835 22,858 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 $ 19,214,667 $ 19,209,904 $ 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 Friday, June 17, 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 $ 7,473 $ 116,265 $ 1,661,988 Individual Income Taxes 236 10,203 101,301 Railroad Retirement Taxes 14 268 4,276 Excise Taxes 23 3,492 55,909 Corporation Income Taxes 123 62,180 255,517 Federal Unemployment Taxes 2 70 7,664 Estate and Gift Taxes & Misc IRS Rcpts. 276 325 1,045 Total $ 8,148 $ 192,803 $ 2,087,700 Cash Federal Tax Deposits: Direct $ 24 $ 1,265 $ 23,778 Through Depositaries 7,288 185,850 1,995,181 Total Cash FTD's $ 7,312 $ 187,115 $ 2,018,959 Inter-agency Transfers 836 5,689 68,741 Total $ 8,148 $ 192,803 $ 2,087,700 ___________________________________________________________________________________________ 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 Friday, June 17, 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) $ 13 $ 1,312 $ 29,635 IRS Tax Refunds Business (EFT) 2 939 18,796 IRS Tax Refunds Individual (Checks) 637 2,685 58,221 IRS Tax Refunds Individual (EFT) 47 2,711 251,023 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.