1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, June 28, 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 $ 340,193 $ 344,437 $ 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 $ 340,193 $ 344,437 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, June 28, 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) $ 32 $ 797 $ 8,515 Air Transport Security Fees 14 44 2,568 Cash FTD's Received (Table IV) 2,099 239,771 2,071,615 Commodity Credit Corporation programs 17 178 2,307 Customs and Certain Excise Taxes 80 3,446 33,120 Deposits by States: Supplemental Security Income 12 536 2,709 Unemployment 10 307 32,749 Education Department programs 346 4,552 43,661 Energy Department programs 33 465 5,372 Estate and Gift Taxes 33 1,208 16,144 Federal Reserve Earnings 0 7,611 90,464 Foreign Deposits, Military Sales 5 1,811 24,545 Housing and Urban Development programs 7 245 2,517 Individual Income and Employment Taxes, Not Withheld 636 60,940 404,627 Interest recd from cash investments 0 0 0 Justice Department programs 19 415 13,583 Postal Service 358 6,725 68,152 Public Debt Cash Issues (Table III-B) 1,271 523,032 5,945,800 Other Deposits: Federal Housing Admin: Note Sales 52 1,786 15,634 Total Other Deposits 52 9,523 118,541 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 5,024 861,604 8,886,989 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 5,024 $ 861,604 $ 8,886,989 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, June 28, 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 $ 12 $ 304 $ 15,038 Defense Vendor Payments (EFT) 1,014 22,911 214,542 Education Department programs 525 9,904 128,880 Energy Department programs 79 2,277 24,216 Federal Employees Insurance Payments 235 5,964 55,979 Fed. Highway Administration programs 149 4,266 29,591 Federal Salaries (EFT) 137 13,445 125,681 Food and Nutrition Service (misc) 82 2,657 24,022 GSA programs 47 1,551 13,596 Health and Human Services Grants (misc) 436 7,568 73,664 Housing and Urban Development programs 270 5,962 53,514 Interest on Treasury Securities 0 735 171,203 IRS Tax Refunds Business (EFT) 21 1,177 19,034 IRS Tax Refunds Individual (EFT) 56 3,669 251,980 Justice Department programs 55 1,611 12,855 Labor Dept. prgms (excl. unemployment) 69 1,172 10,987 Medicaid 899 26,571 264,544 Medicare and Other CMS Payments 1,627 30,964 290,008 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 2,910 28,844 NASA programs 156 1,486 12,807 Postal Service Money Orders and Other 124 2,852 29,579 Public Debt Cash Redemp. (Table III-B) 999 509,818 5,390,770 Social Security Benefits (EFT) 5 68,597 613,180 Supple. Nutrition Assist. Program (SNAP) 113 5,533 53,119 Temporary Assistance for Needy Families (HHS) 119 1,089 11,469 Transportation Security Admin. (DHS) 6 206 1,740 Unemployment Insurance Benefits 233 2,448 25,750 Veterans Affairs programs 182 4,005 40,196 Other Withdrawals: Emergency Prep & Response (DHS) 111 949 7,215 Federal Transit Admin. 54 1,048 8,270 Thrift Savings Plan Transfer 273 2,967 28,756 Unclassified 1,181 21,702 210,356 Total, Other Withdrawals 1,618 57,436 562,494 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,267 819,827 8,745,511 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,267 $ 819,827 $ 8,745,511 Net Change in Operating Cash Balance $ -4,243 $ 41,777 $ 141,477 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, June 28, 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 $ 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 187 5,178 2,913 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 76 643 Interest Increment 3 478 3,997 Government Account Series 377,780 7,586,098 62,232,327 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 318 10,363 64,722 Other 949 21,194 198,735 Total Issues $ 379,240 $ 8,115,363 $ 68,196,469 (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 46 939 8,349 Government Account Series 373,164 7,586,598 61,671,423 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 6,687 43,660 Other 952 21,196 198,656 Total Redemptions $ 374,163 $ 8,096,415 $ 67,062,687 Net Change in Public Debt Outstanding $ 5,077 $ 18,948 $ 1,133,782 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, June 28, 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) $ 379,240 $ 8,115,363 $ 68,196,469 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 (-) 377,780 7,586,098 62,232,327 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 478 3,997 Inflation-Protected Securities Increment 187 5,178 2,583 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,271 $ 523,032 $ 5,945,800 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 374,163 $ 8,096,415 $ 67,062,687 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 (-) 373,164 7,586,598 61,671,423 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 999 $ 509,818 $ 5,390,770 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, June 28, 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 $ 13,909,012 $ 13,908,843 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,375,387 5,370,480 5,379,149 5,026,770 Total Public Debt Outstanding 19,284,400 19,279,323 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,778 22,801 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 $ 19,246,140 $ 19,241,040 $ 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 28, 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 $ 2,068 $ 167,840 $ 1,713,563 Individual Income Taxes 165 11,161 102,259 Railroad Retirement Taxes 4 428 4,435 Excise Taxes 405 4,519 56,936 Corporation Income Taxes 44 62,552 255,890 Federal Unemployment Taxes 2 90 7,683 Estate and Gift Taxes & Misc IRS Rcpts. 3 334 1,055 Total $ 2,691 $ 246,925 $ 2,141,822 Cash Federal Tax Deposits: Direct $ 71 $ 1,629 $ 24,143 Through Depositaries 2,028 238,141 2,047,472 Total Cash FTD's $ 2,099 $ 239,771 $ 2,071,615 Inter-agency Transfers 592 7,154 70,206 Total $ 2,691 $ 246,925 $ 2,141,822 ___________________________________________________________________________________________ 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 28, 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) $ 443 $ 2,395 $ 30,718 IRS Tax Refunds Business (EFT) 21 1,177 19,034 IRS Tax Refunds Individual (Checks) 85 3,584 59,120 IRS Tax Refunds Individual (EFT) 56 3,669 251,980 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.