1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Monday, December 12, 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 $ 333,833 $ 321,860 $ 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 $ 333,833 $ 321,860 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Monday, December 12, 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) $ 25 $ 212 $ 1,779 Air Transport Security Fees 1 6 657 Cash FTD's Received (Table IV) 19,196 83,124 463,723 Commodity Credit Corporation programs 13 180 616 Customs and Certain Excise Taxes 72 557 8,186 Deposits by States: Supplemental Security Income 3 32 638 Unemployment 20 173 5,663 Education Department programs 214 1,714 11,794 Energy Department programs 9 266 1,269 Estate and Gift Taxes 61 545 3,408 Federal Reserve Earnings 0 1,156 14,698 Foreign Military Sales Program 4 1,450 6,203 Housing and Urban Development programs 4 85 624 Individual Income and Employment Taxes, Not Withheld 327 2,479 28,173 Interest recd from cash investments 0 0 0 Justice Department programs 8 196 1,535 Postal Service 427 3,431 18,894 Public Debt Cash Issues (Table III-B) 981 249,013 1,751,766 Other Deposits: Defense Finance & Accounting Service 56 211 1,306 Total Other Deposits 56 2,291 27,907 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 21,420 346,910 2,347,533 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 21,420 $ 346,910 $ 2,347,533 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Monday, December 12, 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 $ 122 $ 1,054 $ 12,488 Defense Vendor Payments (EFT) 1,648 8,902 53,522 Education Department programs 778 3,476 26,598 Energy Department programs 69 896 6,403 Federal Employees Insurance Payments 486 2,456 14,999 Fed. Highway Administration programs 96 1,752 9,520 Federal Salaries (EFT) 36 7,003 33,628 Food and Nutrition Service (misc) 125 960 6,099 GSA programs 31 819 3,900 Health and Human Services Grants (misc) 290 3,135 19,253 Housing and Urban Development programs 117 4,046 16,477 Interest on Treasury Securities 0 97 50,639 IRS Tax Refunds Business (EFT) 159 725 5,034 IRS Tax Refunds Individual (EFT) 5 274 8,360 Justice Department programs 57 550 3,370 Labor Dept. prgms (excl. unemployment) 46 493 2,800 Medicaid 703 11,911 71,972 Medicare and Other CMS Payments 844 9,501 74,619 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 0 6,794 NASA programs 41 709 3,539 Postal Service Money Orders and Other 152 1,431 8,094 Public Debt Cash Redemp. (Table III-B) 1,042 285,046 1,531,047 Social Security Benefits (EFT) 48 23,587 162,609 Supple. Nutrition Assist. Program (SNAP) 771 2,525 14,236 Temporary Assistance for Needy Families (HHS) 27 376 3,105 Transportation Security Admin. (DHS) 7 86 411 Unemployment Insurance Benefits 126 876 5,475 Veterans Affairs programs 174 2,094 11,186 Other Withdrawals: Agriculture 51 622 2,692 Emergency Prep & Response (DHS) 91 568 3,622 Federal Aviation Administration 53 287 1,538 Federal Railroad Admin. 73 85 1,032 Federal Transit Admin. 56 313 1,842 Thrift Savings Plan Transfer 228 2,377 7,476 Unclassified 894 9,294 55,804 Total, Other Withdrawals 1,447 39,192 148,239 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 9,447 435,111 2,367,012 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 9,447 $ 435,111 $ 2,367,012 Net Change in Operating Cash Balance $ 11,973 $ -88,202 $ -19,479 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Monday, December 12, 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 $ 237,995 $ 1,310,955 Cash Management Series 0 0 0 Notes 0 0 333,053 Bonds 0 0 35,586 Inflation-Protected Securities Increment 148 642 4,593 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 7 33 186 Interest Increment 3 406 1,310 Government Account Series 382,168 3,090,913 18,723,087 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 2,627 22,582 Other 974 8,817 52,680 Total Issues $ 383,301 $ 3,341,432 $ 20,484,032 (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 $ 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 57 430 2,600 Government Account Series 379,905 3,125,723 18,648,383 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 11 9,780 24,379 Other 974 8,819 52,685 Total Redemptions $ 380,947 $ 3,410,769 $ 20,178,750 Net Change in Public Debt Outstanding $ 2,354 $ -69,338 $ 305,282 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Monday, December 12, 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) $ 383,301 $ 3,341,432 $ 20,484,032 Premium on New Issues 0 0 471 Discount on New Issues: Bills (-) 0 459 1,905 Bonds and Notes (-) 0 0 2,022 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 382,168 3,090,913 18,723,087 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 406 1,310 Inflation-Protected Securities Increment 148 642 4,413 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 981 $ 249,013 $ 1,751,766 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 380,947 $ 3,410,769 $ 20,178,750 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 (-) 379,905 3,125,723 18,647,702 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,042 $ 285,046 $ 1,531,047 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Monday, December 12, 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 $ 14,407,878 $ 14,408,013 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,470,849 5,468,360 5,504,365 5,400,021 Total Public Debt Outstanding 19,878,727 19,876,373 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,861 23,952 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 $ 19,841,361 $ 19,838,915 $ 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 Monday, December 12, 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 $ 15,540 $ 81,066 $ 442,658 Individual Income Taxes 1,996 2,846 9,641 Railroad Retirement Taxes 41 190 1,056 Excise Taxes 398 682 13,025 Corporation Income Taxes 1,283 2,761 16,335 Federal Unemployment Taxes 1 28 719 Estate and Gift Taxes & Misc IRS Rcpts. 4 18 120 Total $ 19,262 $ 87,591 $ 483,553 Cash Federal Tax Deposits: Direct $ 60 $ 359 $ 5,545 Through Depositaries 19,136 82,765 458,179 Total Cash FTD's $ 19,196 $ 83,124 $ 463,723 Inter-agency Transfers 67 4,467 19,830 Total $ 19,262 $ 87,591 $ 483,553 ___________________________________________________________________________________________ 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, December 12, 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) $ 17 $ 638 $ 10,796 IRS Tax Refunds Business (EFT) 159 725 5,034 IRS Tax Refunds Individual (Checks) 24 1,225 11,571 IRS Tax Refunds Individual (EFT) 5 274 8,360 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.