1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, June 20, 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 $ 320,542 $ 307,883 $ 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 $ 320,542 $ 307,883 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, June 20, 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) $ 43 $ 662 $ 8,381 Air Transport Security Fees 2 16 2,540 Cash FTD's Received (Table IV) 14,461 201,576 2,033,420 Commodity Credit Corporation programs 4 118 2,247 Customs and Certain Excise Taxes 86 1,127 30,801 Deposits by States: Supplemental Security Income 10 282 2,455 Unemployment 10 234 32,675 Education Department programs 209 3,168 42,277 Energy Department programs 38 189 5,096 Estate and Gift Taxes 59 912 15,849 Federal Reserve Earnings 0 5,939 88,792 Foreign Deposits, Military Sales 7 1,528 24,262 Housing and Urban Development programs 5 136 2,408 Individual Income and Employment Taxes, Not Withheld 6,525 30,635 374,321 Interest recd from cash investments 0 0 0 Justice Department programs 53 361 13,528 Postal Service 333 4,869 66,296 Public Debt Cash Issues (Table III-B) 1,079 374,636 5,797,403 Other Deposits: Export-Import Bank 249 482 2,217 Federal Housing Admin: Note Sales 55 1,395 15,243 Medicare Premiums 268 1,814 21,533 Total Other Deposits 572 6,449 115,468 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 23,496 632,836 8,658,221 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 23,496 $ 632,836 $ 8,658,221 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, June 20, 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 $ 205 $ 14,938 Defense Vendor Payments (EFT) 1,373 15,527 207,158 Education Department programs 381 6,795 125,771 Energy Department programs 65 1,614 23,552 Federal Employees Insurance Payments 163 3,900 53,915 Fed. Highway Administration programs 123 2,606 27,931 Federal Salaries (EFT) 1,435 11,894 124,130 Food and Nutrition Service (misc) 164 1,980 23,345 GSA programs 49 1,203 13,248 Health and Human Services Grants (misc) 351 5,417 71,513 Housing and Urban Development programs 155 4,843 52,395 Interest on Treasury Securities 0 744 171,212 IRS Tax Refunds Business (EFT) 28 967 18,824 IRS Tax Refunds Individual (EFT) 59 2,771 251,082 Justice Department programs 94 1,083 12,327 Labor Dept. prgms (excl. unemployment) 48 742 10,558 Medicaid 533 20,482 258,455 Medicare and Other CMS Payments 1,719 19,501 278,546 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 64 937 12,258 Postal Service Money Orders and Other 189 2,196 28,922 Public Debt Cash Redemp. (Table III-B) 1,119 373,126 5,254,079 Social Security Benefits (EFT) 45 53,511 598,095 Supple. Nutrition Assist. Program (SNAP) 566 4,437 52,024 Temporary Assistance for Needy Families (HHS) 27 764 11,144 Transportation Security Admin. (DHS) 5 164 1,697 Unemployment Insurance Benefits 109 1,647 24,949 Veterans Affairs programs 200 2,912 39,103 Other Withdrawals: Federal Aviation Administration 64 401 5,393 Interior 66 666 7,381 Thrift Savings Plan Transfer 349 1,763 27,552 Treasury Dept: Claims Payments 61 472 3,559 Unclassified 1,220 16,103 204,757 Total, Other Withdrawals 1,760 48,005 553,062 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,838 610,711 8,536,395 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,838 $ 610,711 $ 8,536,395 Net Change in Operating Cash Balance $ 12,658 $ 22,125 $ 121,825 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, June 20, 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 $ -1 $ 295,999 $ 3,877,932 Cash Management Series 0 0 95,007 Notes 0 43,989 1,435,453 Bonds 0 12,000 142,067 Inflation-Protected Securities Increment 556 3,691 1,425 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 4 54 621 Interest Increment 4 454 3,973 Government Account Series 373,648 5,314,291 59,960,521 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 108 8,087 62,446 Other 967 14,888 192,428 Total Issues $ 375,286 $ 5,693,452 $ 65,774,558 (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 45 676 8,086 Government Account Series 370,496 5,329,121 59,413,946 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 104 6,581 43,553 Other 970 14,870 192,331 Total Redemptions $ 371,615 $ 5,702,248 $ 64,668,519 Net Change in Public Debt Outstanding $ 3,672 $ -8,795 $ 1,106,038 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, June 20, 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) $ 375,286 $ 5,693,452 $ 65,774,558 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 (-) 373,648 5,314,291 59,960,521 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 4 454 3,973 Inflation-Protected Securities Increment 556 3,691 1,095 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,079 $ 374,636 $ 5,797,403 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 371,615 $ 5,702,248 $ 64,668,519 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 (-) 370,496 5,329,121 59,413,946 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,119 $ 373,126 $ 5,254,079 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, June 20, 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 $ 13,894,075 $ 13,893,769 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,362,582 5,359,215 5,379,149 5,026,770 Total Public Debt Outstanding 19,256,656 19,252,985 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,766 22,835 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 $ 19,218,408 $ 19,214,667 $ 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 20, 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 $ 14,671 $ 130,936 $ 1,676,659 Individual Income Taxes 241 10,444 101,542 Railroad Retirement Taxes 44 313 4,320 Excise Taxes 23 3,515 55,932 Corporation Income Taxes 74 62,254 255,591 Federal Unemployment Taxes 4 74 7,668 Estate and Gift Taxes & Misc IRS Rcpts. 2 326 1,047 Total $ 15,059 $ 207,862 $ 2,102,759 Cash Federal Tax Deposits: Direct $ 45 $ 1,310 $ 23,823 Through Depositaries 14,416 200,266 2,009,596 Total Cash FTD's $ 14,461 $ 201,576 $ 2,033,420 Inter-agency Transfers 598 6,287 69,339 Total $ 15,059 $ 207,862 $ 2,102,759 ___________________________________________________________________________________________ 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 20, 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) $ 23 $ 1,335 $ 29,658 IRS Tax Refunds Business (EFT) 28 967 18,824 IRS Tax Refunds Individual (Checks) 44 2,729 58,265 IRS Tax Refunds Individual (EFT) 59 2,771 251,082 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.