1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, June 27, 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 $ 344,437 $ 335,147 $ 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 $ 344,437 $ 335,147 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, June 27, 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) $ 20 $ 765 $ 8,484 Air Transport Security Fees 2 29 2,554 Cash FTD's Received (Table IV) 14,793 237,672 2,069,516 Commodity Credit Corporation programs 3 162 2,290 Customs and Certain Excise Taxes 72 3,366 33,040 Deposits by States: Supplemental Security Income 233 523 2,696 Unemployment 12 297 32,738 Education Department programs 204 4,207 43,316 Energy Department programs 122 432 5,338 Estate and Gift Taxes 47 1,174 16,111 Federal Reserve Earnings 0 7,611 90,464 Foreign Deposits, Military Sales 11 1,806 24,540 Housing and Urban Development programs 11 238 2,510 Individual Income and Employment Taxes, Not Withheld 689 60,304 403,991 Interest recd from cash investments 0 0 0 Justice Department programs 7 396 13,564 Postal Service 331 6,367 67,794 Public Debt Cash Issues (Table III-B) 963 521,762 5,944,529 Other Deposits: Defense Finance & Accounting Service 50 478 5,049 Federal Housing Admin: Note Sales 190 1,734 15,583 TARP 3 3 52 Thrift Savings Plan Transfer 1,314 4,452 28,664 Total Other Deposits 1,558 9,471 118,489 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 19,079 856,580 8,881,965 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 19,079 $ 856,580 $ 8,881,965 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, June 27, 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 $ 293 $ 15,026 Defense Vendor Payments (EFT) 1,155 21,897 213,529 Education Department programs 463 9,379 128,355 Energy Department programs 97 2,198 24,137 Federal Employees Insurance Payments 226 5,729 55,744 Fed. Highway Administration programs 201 4,117 29,442 Federal Salaries (EFT) 94 13,308 125,544 Food and Nutrition Service (misc) 136 2,575 23,940 GSA programs 60 1,504 13,549 Health and Human Services Grants (misc) 390 7,132 73,228 Housing and Urban Development programs 180 5,692 53,244 Interest on Treasury Securities 0 735 171,203 IRS Tax Refunds Business (EFT) 1/ -144 1,157 19,013 IRS Tax Refunds Individual (EFT) 60 3,613 251,925 Justice Department programs 64 1,556 12,800 Labor Dept. prgms (excl. unemployment) 24 1,103 10,918 Medicaid 788 25,672 263,645 Medicare and Other CMS Payments 1,612 29,336 288,381 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 2,910 28,844 NASA programs 60 1,329 12,651 Postal Service Money Orders and Other 121 2,728 29,455 Public Debt Cash Redemp. (Table III-B) 1,073 508,819 5,389,771 Social Security Benefits (EFT) 1 68,591 613,175 Supple. Nutrition Assist. Program (SNAP) 337 5,420 53,006 Temporary Assistance for Needy Families (HHS) 23 970 11,350 Transportation Security Admin. (DHS) 4 201 1,734 Unemployment Insurance Benefits 110 2,215 25,517 Veterans Affairs programs 172 3,823 40,014 Other Withdrawals: Agriculture 50 892 9,627 Federal Financing Bank 57 1,040 4,362 Federal Railroad Admin. 66 390 2,892 Federal Transit Admin. 55 994 8,216 Interior 58 1,363 8,077 TARP 262 262 3,366 Thrift Savings Plan Transfer 778 2,694 28,484 Treasury Dept: Claims Payments 385 1,091 4,178 Unclassified 761 20,522 209,175 Total, Other Withdrawals 2,472 55,818 560,875 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,789 810,560 8,736,244 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,789 $ 810,560 $ 8,736,244 Net Change in Operating Cash Balance $ 9,290 $ 46,020 $ 145,721 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, June 27, 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 $ 422,987 $ 4,004,920 Cash Management Series 0 0 95,007 Notes 0 56,989 1,448,453 Bonds 0 12,000 142,067 Inflation-Protected Securities Increment 557 4,992 2,726 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 7 73 640 Interest Increment 8 475 3,994 Government Account Series 374,822 7,208,318 61,854,548 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 7 10,045 64,404 Other 950 20,245 197,786 Total Issues $ 376,350 $ 7,736,123 $ 67,817,229 (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 $ 448,991 $ 3,959,972 Notes 0 32,000 1,150,299 Bonds 0 4 29,834 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 53 893 8,303 Government Account Series 373,892 7,213,433 61,298,258 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 70 6,687 43,659 Other 950 20,243 197,704 Total Redemptions $ 374,965 $ 7,722,252 $ 66,688,524 Net Change in Public Debt Outstanding $ 1,385 $ 13,871 $ 1,128,705 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, June 27, 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) $ 376,350 $ 7,736,123 $ 67,817,229 Premium on New Issues 0 63 1,830 Discount on New Issues: Bills (-) 0 461 4,068 Bonds and Notes (-) 0 179 6,838 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 374,822 7,208,318 61,854,548 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 8 475 3,994 Inflation-Protected Securities Increment 557 4,992 2,397 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 963 $ 521,762 $ 5,944,529 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 374,965 $ 7,722,252 $ 66,688,524 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 (-) 373,892 7,213,433 61,298,258 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,073 $ 508,819 $ 5,389,771 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, June 27, 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 $ 13,908,843 $ 13,907,929 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,370,480 5,370,009 5,379,149 5,026,770 Total Public Debt Outstanding 19,279,323 19,277,938 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,801 22,870 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 $ 19,241,040 $ 19,239,586 $ 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 27, 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 $ 14,195 $ 165,772 $ 1,711,496 Individual Income Taxes 160 10,996 102,094 Railroad Retirement Taxes 43 424 4,431 Excise Taxes 355 4,114 56,531 Corporation Income Taxes 42 62,508 255,845 Federal Unemployment Taxes 3 87 7,681 Estate and Gift Taxes & Misc IRS Rcpts. 1 332 1,053 Total $ 14,799 $ 244,234 $ 2,139,131 Cash Federal Tax Deposits: Direct $ 37 $ 1,558 $ 24,071 Through Depositaries 14,756 236,114 2,045,445 Total Cash FTD's $ 14,793 $ 237,672 $ 2,069,516 Inter-agency Transfers 6 6,562 69,615 Total $ 14,799 $ 244,234 $ 2,139,131 ___________________________________________________________________________________________ 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 27, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ Classification This Fiscal Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 29 $ 1,953 $ 30,275 IRS Tax Refunds Business (EFT) 1/ -144 1,157 19,013 IRS Tax Refunds Individual (Checks) 7 3,499 59,035 IRS Tax Refunds Individual (EFT) 60 3,613 251,925 1/Reported as a negative amount due to a return/reversal of $145 million. 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.