1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, June 22, 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 $ 331,412 $ 335,303 $ 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 $ 331,412 $ 335,303 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, June 22, 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) $ 12 $ 704 $ 8,422 Air Transport Security Fees 2 20 2,544 Cash FTD's Received (Table IV) 9,860 213,645 2,045,489 Commodity Credit Corporation programs 3 141 2,270 Customs and Certain Excise Taxes 1,966 3,171 32,845 Deposits by States: Supplemental Security Income 1 286 2,459 Unemployment 10 255 32,697 Education Department programs 209 3,715 42,824 Energy Department programs 38 244 5,151 Estate and Gift Taxes 83 1,027 15,963 Federal Reserve Earnings 1,672 7,611 90,464 Foreign Deposits, Military Sales 5 1,636 24,370 Housing and Urban Development programs 10 218 2,490 Individual Income and Employment Taxes, Not Withheld 7,839 58,164 401,851 Interest recd from cash investments 0 0 0 Justice Department programs 7 375 13,543 Postal Service 270 5,488 66,915 Public Debt Cash Issues (Table III-B) 1,549 377,396 5,800,164 Other Deposits: Medicare Premiums 55 2,067 21,786 Thrift Savings Plan Transfer 134 2,333 26,545 Total Other Deposits 190 6,836 115,855 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 23,728 680,932 8,706,316 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 23,728 $ 680,932 $ 8,706,316 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, June 22, 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 $ 23 $ 254 $ 14,987 Defense Vendor Payments (EFT) 993 18,147 209,779 Education Department programs 616 7,830 126,806 Energy Department programs 103 1,812 23,751 Federal Employees Insurance Payments 242 4,351 54,366 Fed. Highway Administration programs 333 3,034 28,359 Federal Salaries (EFT) 107 12,383 124,619 Food and Nutrition Service (misc) 172 2,267 23,632 GSA programs 53 1,320 13,365 Health and Human Services Grants (misc) 279 5,940 72,036 Housing and Urban Development programs 144 5,160 52,712 Interest on Treasury Securities 0 744 171,212 IRS Tax Refunds Business (EFT) 27 1,098 18,955 IRS Tax Refunds Individual (EFT) 625 3,450 251,762 Justice Department programs 89 1,293 12,537 Labor Dept. prgms (excl. unemployment) 50 835 10,651 Medicaid 700 21,760 259,733 Medicare and Other CMS Payments 1,861 23,393 282,438 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 2,910 2,910 28,844 NASA programs 138 1,111 12,433 Postal Service Money Orders and Other 122 2,437 29,163 Public Debt Cash Redemp. (Table III-B) 1,004 375,144 5,256,097 Social Security Benefits (EFT) 14,929 68,487 613,071 Supple. Nutrition Assist. Program (SNAP) 176 4,773 52,359 Temporary Assistance for Needy Families (HHS) 35 831 11,211 Transportation Security Admin. (DHS) 7 182 1,715 Unemployment Insurance Benefits 124 1,974 25,276 Veterans Affairs programs 199 3,282 39,474 Other Withdrawals: Agency for Internat'l Development 75 640 10,785 Agriculture 65 762 9,497 Emergency Prep & Response (DHS) 188 691 6,957 Federal Financing Bank 75 910 4,233 Interior 501 1,179 7,894 Treasury Dept: Claims Payments 138 641 3,728 U.S. District Courts (net) -345 -477 -3,157 Unclassified 862 17,988 206,642 Total, Other Withdrawals 1,560 50,992 556,050 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 27,620 647,936 8,573,620 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 27,620 $ 647,936 $ 8,573,620 Net Change in Operating Cash Balance $ -3,891 $ 32,996 $ 132,696 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, June 22, 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 186 4,063 1,797 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 58 625 Interest Increment 2 459 3,978 Government Account Series 372,956 6,066,120 60,712,350 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 584 8,915 63,274 Other 963 16,816 194,356 Total Issues $ 374,693 $ 6,448,419 $ 66,529,525 (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 $ 0 $ 318,996 $ 3,829,977 Notes 0 32,000 1,150,299 Bonds 1 4 29,834 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 36 757 8,167 Government Account Series 387,002 6,086,295 60,171,120 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 6,586 43,559 Other 965 16,801 194,262 Total Redemptions $ 388,006 $ 6,461,439 $ 65,427,711 Net Change in Public Debt Outstanding $ -13,313 $ -13,020 $ 1,101,814 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, June 22, 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) $ 374,693 $ 6,448,419 $ 66,529,525 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 (-) 372,956 6,066,120 60,712,350 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 459 3,978 Inflation-Protected Securities Increment 186 4,063 1,468 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,549 $ 377,396 $ 5,800,164 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 388,006 $ 6,461,439 $ 65,427,711 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 (-) 387,002 6,086,295 60,171,120 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,004 $ 375,144 $ 5,256,097 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, June 22, 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 $ 13,895,632 $ 13,894,847 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,356,800 5,370,898 5,379,149 5,026,770 Total Public Debt Outstanding 19,252,431 19,265,745 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,719 22,742 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 $ 19,214,230 $ 19,227,520 $ 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 22, 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 $ 9,708 $ 142,650 $ 1,688,374 Individual Income Taxes 94 10,659 101,757 Railroad Retirement Taxes 5 326 4,333 Excise Taxes 24 3,551 55,967 Corporation Income Taxes 52 62,373 255,710 Federal Unemployment Taxes 3 80 7,673 Estate and Gift Taxes & Misc IRS Rcpts. 1 327 1,048 Total $ 9,887 $ 219,966 $ 2,114,863 Cash Federal Tax Deposits: Direct $ 34 $ 1,422 $ 23,936 Through Depositaries 9,826 212,223 2,021,554 Total Cash FTD's $ 9,860 $ 213,645 $ 2,045,489 Inter-agency Transfers 27 6,321 69,373 Total $ 9,887 $ 219,966 $ 2,114,863 ___________________________________________________________________________________________ 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 22, 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) $ 153 $ 1,885 $ 30,207 IRS Tax Refunds Business (EFT) 27 1,098 18,955 IRS Tax Refunds Individual (Checks) 44 2,811 58,348 IRS Tax Refunds Individual (EFT) 625 3,450 251,762 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.