1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, June 21, 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 $ 335,303 $ 320,542 $ 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 $ 335,303 $ 320,542 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, June 21, 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) $ 29 $ 691 $ 8,410 Air Transport Security Fees 1 17 2,541 Cash FTD's Received (Table IV) 2,210 203,785 2,035,629 Commodity Credit Corporation programs 20 138 2,267 Customs and Certain Excise Taxes 78 1,205 30,879 Deposits by States: Supplemental Security Income 3 285 2,458 Unemployment 11 245 32,686 Education Department programs 338 3,505 42,615 Energy Department programs 17 206 5,113 Estate and Gift Taxes 31 944 15,880 Federal Reserve Earnings 0 5,939 88,792 Foreign Deposits, Military Sales 102 1,630 24,364 Housing and Urban Development programs 72 208 2,480 Individual Income and Employment Taxes, Not Withheld 19,690 50,325 394,012 Interest recd from cash investments 0 0 0 Justice Department programs 7 368 13,536 Postal Service 349 5,218 66,645 Public Debt Cash Issues (Table III-B) 1,212 375,847 5,798,615 Other Deposits: Medicare Premiums 198 2,012 21,731 Total Other Deposits 198 6,647 115,665 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 24,367 657,204 8,682,588 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 24,367 $ 657,204 $ 8,682,588 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, June 21, 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 $ 26 $ 231 $ 14,964 Defense Vendor Payments (EFT) 1,627 17,154 208,785 Education Department programs 420 7,214 126,190 Energy Department programs 95 1,709 23,648 Federal Employees Insurance Payments 209 4,109 54,124 Fed. Highway Administration programs 96 2,702 28,027 Federal Salaries (EFT) 382 12,276 124,512 Food and Nutrition Service (misc) 114 2,094 23,459 GSA programs 64 1,266 13,311 Health and Human Services Grants (misc) 244 5,662 71,757 Housing and Urban Development programs 173 5,017 52,568 Interest on Treasury Securities 0 744 171,212 IRS Tax Refunds Business (EFT) 104 1,071 18,928 IRS Tax Refunds Individual (EFT) 54 2,825 251,136 Justice Department programs 120 1,203 12,447 Labor Dept. prgms (excl. unemployment) 43 786 10,601 Medicaid 578 21,060 259,033 Medicare and Other CMS Payments 2,032 21,533 280,577 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 0 25,934 NASA programs 37 973 12,295 Postal Service Money Orders and Other 119 2,315 29,041 Public Debt Cash Redemp. (Table III-B) 1,014 374,140 5,255,093 Social Security Benefits (EFT) 48 53,559 598,142 Supple. Nutrition Assist. Program (SNAP) 160 4,597 52,184 Temporary Assistance for Needy Families (HHS) 33 797 11,177 Transportation Security Admin. (DHS) 10 174 1,708 Unemployment Insurance Benefits 204 1,850 25,152 Veterans Affairs programs 172 3,083 39,274 Other Withdrawals: Agency for Internat'l Development 60 565 10,710 Agriculture 147 696 9,431 Emergency Prep & Response (DHS) 54 503 6,770 Federal Transit Admin. 143 813 8,034 Unclassified 1,023 17,126 205,779 Total, Other Withdrawals 1,428 49,433 554,490 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,605 620,317 8,546,001 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,605 $ 620,317 $ 8,546,001 Net Change in Operating Cash Balance $ 14,762 $ 36,887 $ 136,587 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, June 21, 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 $ 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 187 3,877 1,612 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 57 624 Interest Increment 3 457 3,976 Government Account Series 378,872 5,693,164 60,339,393 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 244 8,331 62,690 Other 964 15,852 193,393 Total Issues $ 380,274 $ 6,073,726 $ 66,154,832 (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 45 720 8,131 Government Account Series 370,171 5,699,293 59,784,118 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 4 6,585 43,557 Other 965 15,836 193,296 Total Redemptions $ 371,185 $ 6,073,433 $ 65,039,705 Net Change in Public Debt Outstanding $ 9,089 $ 293 $ 1,115,127 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, June 21, 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) $ 380,274 $ 6,073,726 $ 66,154,832 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 (-) 378,872 5,693,164 60,339,393 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 457 3,976 Inflation-Protected Securities Increment 187 3,877 1,282 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,212 $ 375,847 $ 5,798,615 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 371,185 $ 6,073,433 $ 65,039,705 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 (-) 370,171 5,699,293 59,784,118 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,014 $ 374,140 $ 5,255,093 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, June 21, 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 $ 13,894,847 $ 13,894,075 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,370,898 5,362,582 5,379,149 5,026,770 Total Public Debt Outstanding 19,265,745 19,256,656 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,742 22,766 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 $ 19,227,520 $ 19,218,408 $ 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 21, 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 $ 2,007 $ 132,942 $ 1,678,666 Individual Income Taxes 121 10,565 101,663 Railroad Retirement Taxes 9 321 4,329 Excise Taxes 12 3,527 55,944 Corporation Income Taxes 66 62,320 255,658 Federal Unemployment Taxes 2 77 7,670 Estate and Gift Taxes & Misc IRS Rcpts. 0 326 1,047 Total $ 2,216 $ 210,079 $ 2,104,976 Cash Federal Tax Deposits: Direct $ 79 $ 1,388 $ 23,902 Through Depositaries 2,131 202,397 2,011,728 Total Cash FTD's $ 2,210 $ 203,785 $ 2,035,629 Inter-agency Transfers 7 6,293 69,346 Total $ 2,216 $ 210,079 $ 2,104,976 ___________________________________________________________________________________________ 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 21, 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) $ 397 $ 1,732 $ 30,055 IRS Tax Refunds Business (EFT) 104 1,071 18,928 IRS Tax Refunds Individual (Checks) 38 2,767 58,303 IRS Tax Refunds Individual (EFT) 54 2,825 251,136 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.