1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 7, 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 $ 344,032 $ 338,025 $ 422,034 $ 353,312 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 344,032 $ 338,025 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 7, 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) $ 23 $ 144 $ 1,712 Air Transport Security Fees 1 4 655 Cash FTD's Received (Table IV) 10,351 52,661 433,260 Commodity Credit Corporation programs 20 103 538 Customs and Certain Excise Taxes 75 342 7,971 Deposits by States: Supplemental Security Income 5 20 627 Unemployment 14 126 5,615 Education Department programs 210 1,122 11,202 Energy Department programs 14 238 1,241 Estate and Gift Taxes 97 349 3,212 Federal Reserve Earnings 1,156 1,156 14,698 Foreign Military Sales Program 13 1,299 6,053 Housing and Urban Development programs 26 70 609 Individual Income and Employment Taxes, Not Withheld 717 1,551 27,244 Interest recd from cash investments 0 0 0 Justice Department programs 11 161 1,499 Postal Service 365 2,184 17,647 Public Debt Cash Issues (Table III-B) 1,499 118,244 1,620,998 Other Deposits: Federal Housing Admin: Note Sales 175 1,049 4,819 Total Other Deposits 175 1,886 27,502 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,771 181,659 2,182,282 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,771 $ 181,659 $ 2,182,282 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 7, 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 $ 118 $ 680 $ 12,113 Defense Vendor Payments (EFT) 737 4,600 49,220 Education Department programs 499 1,895 25,017 Energy Department programs 115 544 6,051 Federal Employees Insurance Payments 265 1,027 13,569 Fed. Highway Administration programs 109 1,132 8,900 Federal Salaries (EFT) 101 6,112 32,736 Food and Nutrition Service (misc) 179 616 5,755 GSA programs 42 689 3,770 Health and Human Services Grants (misc) 311 2,031 18,150 Housing and Urban Development programs 151 3,657 16,088 Interest on Treasury Securities 0 97 50,639 IRS Tax Refunds Business (EFT) 41 515 4,824 IRS Tax Refunds Individual (EFT) 221 258 8,344 Justice Department programs 47 396 3,216 Labor Dept. prgms (excl. unemployment) 31 222 2,530 Medicaid 827 7,396 67,458 Medicare and Other CMS Payments 1,425 6,825 71,943 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 0 6,794 NASA programs 57 505 3,336 Postal Service Money Orders and Other 206 1,002 7,666 Public Debt Cash Redemp. (Table III-B) 1,094 136,398 1,382,399 Social Security Benefits (EFT) 53 23,424 162,446 Supple. Nutrition Assist. Program (SNAP) 240 1,247 12,958 Temporary Assistance for Needy Families (HHS) 25 274 3,003 Transportation Security Admin. (DHS) 2 25 350 Unemployment Insurance Benefits 123 604 5,204 Veterans Affairs programs 190 1,580 10,671 Other Withdrawals: Interior 70 275 1,958 Thrift Savings Plan Transfer 205 2,080 7,178 Unclassified 1,281 6,179 52,689 Total, Other Withdrawals 1,555 34,768 143,816 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 8,764 259,661 2,191,562 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 8,764 $ 259,661 $ 2,191,562 Net Change in Operating Cash Balance $ 6,007 $ -78,002 $ -9,279 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 7, 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 $ 110,998 $ 1,183,958 Cash Management Series 0 0 0 Notes 0 0 333,053 Bonds 0 0 35,586 Inflation-Protected Securities Increment 49 395 4,346 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 3 18 172 Interest Increment 2 397 1,301 Government Account Series 379,579 1,937,075 17,569,248 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 524 2,031 21,987 Other 973 5,347 49,210 Total Issues $ 381,130 $ 2,056,261 $ 19,198,861 (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 $ 120,999 $ 967,968 Notes 0 25 318,951 Bonds 0 0 18,789 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 50 278 2,448 Government Account Series 381,229 1,976,753 17,499,414 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 70 9,747 24,345 Other 974 5,350 49,216 Total Redemptions $ 382,323 $ 2,113,152 $ 18,881,132 Net Change in Public Debt Outstanding $ -1,193 $ -56,891 $ 317,729 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 7, 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) $ 381,130 $ 2,056,261 $ 19,198,861 Premium on New Issues 0 0 471 Discount on New Issues: Bills (-) 0 150 1,596 Bonds and Notes (-) 0 0 2,022 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 379,579 1,937,075 17,569,248 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 397 1,301 Inflation-Protected Securities Increment 49 395 4,166 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,499 $ 118,244 $ 1,620,998 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 382,323 $ 2,113,152 $ 18,881,132 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 (-) 381,229 1,976,753 17,498,733 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,094 $ 136,398 $ 1,382,399 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 7, 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 $ 14,425,439 $ 14,425,239 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,465,734 5,467,127 5,504,365 5,400,021 Total Public Debt Outstanding 19,891,173 19,892,367 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,704 23,734 23,764 21,483 Federal Financing Bank 13,024 13,024 13,024 13,024 Hope Bonds 0 0 0 0 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 19,853,964 $ 19,855,127 $ 19,910,795 $ 19,538,456 Statutory Debt Limit * * * * *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, December 7, 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 $ 11,465 $ 55,632 $ 417,223 Individual Income Taxes -111 491 7,285 Railroad Retirement Taxes 4 98 964 Excise Taxes 18 69 12,412 Corporation Income Taxes 180 496 14,070 Federal Unemployment Taxes 2 22 714 Estate and Gift Taxes & Misc IRS Rcpts. 1 12 115 Total $ 11,559 $ 56,820 $ 452,782 Cash Federal Tax Deposits: Direct $ 30 $ 100 $ 5,287 Through Depositaries 10,321 52,560 427,973 Total Cash FTD's $ 10,351 $ 52,661 $ 433,260 Inter-agency Transfers 1,208 4,160 19,522 Total $ 11,559 $ 56,820 $ 452,782 ___________________________________________________________________________________________ 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, December 7, 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) $ 20 $ 557 $ 10,715 IRS Tax Refunds Business (EFT) 41 515 4,824 IRS Tax Refunds Individual (Checks) 14 363 10,708 IRS Tax Refunds Individual (EFT) 221 258 8,344 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.