1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 8, 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 $ 319,507 $ 344,032 $ 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 $ 319,507 $ 344,032 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 8, 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) $ 21 $ 166 $ 1,733 Air Transport Security Fees 1 5 656 Cash FTD's Received (Table IV) 2,979 55,639 436,239 Commodity Credit Corporation programs 28 130 566 Customs and Certain Excise Taxes 62 405 8,033 Deposits by States: Supplemental Security Income 6 26 633 Unemployment 14 139 5,629 Education Department programs 231 1,353 11,433 Energy Department programs 14 252 1,255 Estate and Gift Taxes 85 433 3,296 Federal Reserve Earnings 0 1,156 14,698 Foreign Military Sales Program 141 1,441 6,194 Housing and Urban Development programs 6 76 615 Individual Income and Employment Taxes, Not Withheld 293 1,844 27,538 Interest recd from cash investments 0 0 0 Justice Department programs 8 169 1,507 Postal Service 433 2,617 18,080 Public Debt Cash Issues (Table III-B) 128,698 246,942 1,749,695 Other Deposits: Federal Housing Admin: Note Sales 79 1,127 4,898 Medicare Premiums 76 464 5,857 Total Other Deposits 155 2,041 27,657 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 133,175 314,834 2,315,457 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 133,175 $ 314,834 $ 2,315,457 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 8, 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 $ 159 $ 839 $ 12,272 Defense Vendor Payments (EFT) 1,587 6,187 50,807 Education Department programs 398 2,293 25,415 Energy Department programs 138 681 6,189 Federal Employees Insurance Payments 345 1,372 13,914 Fed. Highway Administration programs 450 1,582 9,350 Federal Salaries (EFT) 783 6,895 33,519 Food and Nutrition Service (misc) 94 710 5,849 GSA programs 59 748 3,829 Health and Human Services Grants (misc) 321 2,352 18,471 Housing and Urban Development programs 128 3,785 16,216 Interest on Treasury Securities 0 97 50,639 IRS Tax Refunds Business (EFT) 11 526 4,835 IRS Tax Refunds Individual (EFT) 7 265 8,351 Justice Department programs 53 449 3,269 Labor Dept. prgms (excl. unemployment) 75 298 2,605 Medicaid 3,157 10,553 70,614 Medicare and Other CMS Payments 1,044 7,869 72,988 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 0 6,794 NASA programs 37 543 3,373 Postal Service Money Orders and Other 130 1,132 7,796 Public Debt Cash Redemp. (Table III-B) 146,577 282,976 1,528,976 Social Security Benefits (EFT) 64 23,484 162,506 Supple. Nutrition Assist. Program (SNAP) 253 1,500 13,211 Temporary Assistance for Needy Families (HHS) 27 301 3,030 Transportation Security Admin. (DHS) 38 63 388 Unemployment Insurance Benefits 92 697 5,296 Veterans Affairs programs 183 1,763 10,854 Other Withdrawals: Agriculture 65 483 2,552 Agriculture Loan Payments (misc) 70 255 1,682 Emergency Prep & Response (DHS) 63 410 3,464 Federal Financing Bank 291 477 927 Treasury Dept: Claims Payments 50 199 1,204 Unclassified 949 7,133 53,643 Total, Other Withdrawals 1,488 36,261 145,309 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 157,700 417,362 2,349,262 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 157,700 $ 417,362 $ 2,349,262 Net Change in Operating Cash Balance $ -24,525 $ -102,527 $ -33,805 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 8, 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 $ 126,998 $ 237,996 $ 1,310,955 Cash Management Series 0 0 0 Notes 0 0 333,053 Bonds 0 0 35,586 Inflation-Protected Securities Increment 50 445 4,396 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 22 176 Interest Increment 3 400 1,304 Government Account Series 391,162 2,328,236 17,960,410 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 484 2,515 22,471 Other 1,521 6,869 50,732 Total Issues $ 520,221 $ 2,576,482 $ 19,719,082 (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 $ 144,994 $ 265,993 $ 1,112,962 Notes 0 25 318,951 Bonds 0 0 18,789 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 48 326 2,496 Government Account Series 387,399 2,364,152 17,886,813 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 17 9,764 24,362 Other 1,518 6,868 50,735 Total Redemptions $ 533,976 $ 2,647,128 $ 19,415,108 Net Change in Public Debt Outstanding $ -13,755 $ -70,646 $ 303,974 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 8, 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) $ 520,221 $ 2,576,482 $ 19,719,082 Premium on New Issues 0 0 471 Discount on New Issues: Bills (-) 309 459 1,905 Bonds and Notes (-) 0 0 2,022 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 391,162 2,328,236 17,960,410 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 400 1,304 Inflation-Protected Securities Increment 50 445 4,216 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 128,698 $ 246,942 $ 1,749,695 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 533,976 $ 2,647,128 $ 19,415,108 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 (-) 387,399 2,364,152 17,886,132 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 146,577 $ 282,976 $ 1,528,976 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 8, 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 $ 14,407,909 $ 14,425,439 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,469,509 5,465,734 5,504,365 5,400,021 Total Public Debt Outstanding 19,877,418 19,891,173 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,982 23,704 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 $ 19,839,930 $ 19,853,964 $ 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 Thursday, December 8, 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 $ 2,779 $ 58,411 $ 420,002 Individual Income Taxes 177 668 7,462 Railroad Retirement Taxes 2 100 966 Excise Taxes 21 90 12,433 Corporation Income Taxes 229 725 14,298 Federal Unemployment Taxes 2 24 716 Estate and Gift Taxes & Misc IRS Rcpts. 1 14 116 Total $ 3,211 $ 60,032 $ 455,994 Cash Federal Tax Deposits: Direct $ 29 $ 129 $ 5,315 Through Depositaries 2,950 55,510 430,924 Total Cash FTD's $ 2,979 $ 55,639 $ 436,239 Inter-agency Transfers 233 4,392 19,755 Total $ 3,211 $ 60,032 $ 455,994 ___________________________________________________________________________________________ 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 Thursday, December 8, 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) $ 52 $ 609 $ 10,767 IRS Tax Refunds Business (EFT) 11 526 4,835 IRS Tax Refunds Individual (Checks) 12 375 10,720 IRS Tax Refunds Individual (EFT) 7 265 8,351 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.