1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, June 29, 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 $ 346,632 $ 340,193 $ 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 $ 346,632 $ 340,193 $ 298,416 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, June 29, 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) $ 40 $ 836 $ 8,555 Air Transport Security Fees 13 57 2,581 Cash FTD's Received (Table IV) 9,796 249,567 2,081,411 Commodity Credit Corporation programs 28 207 2,335 Customs and Certain Excise Taxes 126 3,572 33,246 Deposits by States: Supplemental Security Income 4 540 2,713 Unemployment 12 319 32,760 Education Department programs 161 4,713 43,823 Energy Department programs 16 481 5,388 Estate and Gift Taxes 79 1,287 16,223 Federal Reserve Earnings 2,063 9,674 92,527 Foreign Deposits, Military Sales 9 1,820 24,554 Housing and Urban Development programs 7 252 2,524 Individual Income and Employment Taxes, Not Withheld 1,022 61,962 405,649 Interest recd from cash investments 0 0 0 Justice Department programs 10 424 13,592 Postal Service 272 6,997 68,424 Public Debt Cash Issues (Table III-B) 2,044 525,076 5,947,843 Other Deposits: Medicare Premiums 146 2,534 22,253 Pension Benefit Guaranty Corp. 485 522 7,509 Securities and Exchange Commission 431 498 1,945 TARP 2 5 54 Total Other Deposits 1,064 10,586 119,605 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 16,765 878,369 8,903,754 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 16,765 $ 878,369 $ 8,903,754 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, June 29, 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 $ 8 $ 313 $ 15,046 Defense Vendor Payments (EFT) 866 23,777 215,409 Education Department programs 618 10,522 129,498 Energy Department programs 131 2,409 24,347 Federal Employees Insurance Payments 254 6,219 56,234 Fed. Highway Administration programs 201 4,467 29,792 Federal Salaries (EFT) 82 13,527 125,763 Food and Nutrition Service (misc) 124 2,781 24,146 GSA programs 40 1,591 13,636 Health and Human Services Grants (misc) 518 8,086 74,182 Housing and Urban Development programs 169 6,131 53,682 Interest on Treasury Securities 0 735 171,203 IRS Tax Refunds Business (EFT) 222 1,399 19,256 IRS Tax Refunds Individual (EFT) 494 4,163 252,474 Justice Department programs 86 1,696 12,940 Labor Dept. prgms (excl. unemployment) 62 1,234 11,049 Medicaid 540 27,111 265,084 Medicare and Other CMS Payments 1,776 32,739 291,784 Medicare Advantage - Part C&D Payments 0 20,739 196,230 Marketplace Payments 0 2,910 28,844 NASA programs 0 1,486 12,807 Postal Service Money Orders and Other 104 2,956 29,683 Public Debt Cash Redemp. (Table III-B) 1,041 510,859 5,391,812 Social Security Benefits (EFT) 1 68,598 613,181 Supple. Nutrition Assist. Program (SNAP) 125 5,658 53,244 Temporary Assistance for Needy Families (HHS) 102 1,191 11,571 Transportation Security Admin. (DHS) 5 211 1,745 Unemployment Insurance Benefits 135 2,583 25,885 Veterans Affairs programs 218 4,223 40,414 Other Withdrawals: Agency for Internat'l Development 64 879 11,025 Export-Import Bank 234 312 3,133 Federal Aviation Administration 55 616 5,608 Minerals Management Service 77 83 1,103 State Department 361 1,156 8,333 Thrift Savings Plan Transfer 834 3,801 29,590 Treasury Dept: Claims Payments 87 1,181 4,268 Unclassified 690 22,392 211,046 Total, Other Withdrawals 2,403 59,839 564,896 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,326 830,154 8,755,838 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,326 $ 830,154 $ 8,755,838 Net Change in Operating Cash Balance $ 6,439 $ 48,216 $ 147,916 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, June 29, 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 185 5,364 3,098 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 78 645 Interest Increment 2 480 3,999 Government Account Series 372,228 7,958,325 62,604,555 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,096 11,459 65,818 Other 946 22,140 199,681 Total Issues $ 374,458 $ 8,489,822 $ 68,570,927 (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 1 5 29,834 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 37 976 8,386 Government Account Series 374,491 7,961,089 62,045,914 Hope Bonds 0 0 494 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 57 6,745 43,717 Other 946 22,142 199,603 Total Redemptions $ 375,532 $ 8,471,948 $ 67,438,219 Net Change in Public Debt Outstanding $ -1,074 $ 17,874 $ 1,132,708 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, June 29, 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) $ 374,458 $ 8,489,822 $ 68,570,927 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 (-) 372,228 7,958,325 62,604,555 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 480 3,999 Inflation-Protected Securities Increment 185 5,364 2,768 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 2,044 $ 525,076 $ 5,947,843 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 375,532 $ 8,471,948 $ 67,438,219 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 (-) 374,491 7,961,089 62,045,914 Hope Bonds (-) 0 0 494 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,041 $ 510,859 $ 5,391,812 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, June 29, 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 $ 13,909,293 $ 13,909,012 $ 13,886,303 $ 13,123,847 Intragovernmental Holdings 5,374,033 5,375,387 5,379,149 5,026,770 Total Public Debt Outstanding 19,283,326 19,284,400 19,265,452 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 22,755 22,778 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 $ 19,245,089 $ 19,246,140 $ 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 29, 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 $ 7,856 $ 175,696 $ 1,721,419 Individual Income Taxes 81 11,242 102,340 Railroad Retirement Taxes 7 434 4,442 Excise Taxes 2,118 6,637 59,054 Corporation Income Taxes 43 62,595 255,932 Federal Unemployment Taxes 3 93 7,687 Estate and Gift Taxes & Misc IRS Rcpts. 8 343 1,063 Total $ 10,115 $ 257,040 $ 2,151,937 Cash Federal Tax Deposits: Direct $ 853 $ 2,482 $ 24,996 Through Depositaries 8,943 247,085 2,056,416 Total Cash FTD's $ 9,796 $ 249,567 $ 2,081,411 Inter-agency Transfers 319 7,473 70,525 Total $ 10,115 $ 257,040 $ 2,151,937 ___________________________________________________________________________________________ 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 29, 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) $ 10 $ 2,405 $ 30,728 IRS Tax Refunds Business (EFT) 222 1,399 19,256 IRS Tax Refunds Individual (Checks) 51 3,635 59,171 IRS Tax Refunds Individual (EFT) 494 4,163 252,474 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.