1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 13, 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 $ 327,482 $ 333,833 $ 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 $ 327,482 $ 333,833 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 13, 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) $ 30 $ 242 $ 1,809 Air Transport Security Fees 1 7 658 Cash FTD's Received (Table IV) 5,823 88,947 469,547 Commodity Credit Corporation programs 22 202 638 Customs and Certain Excise Taxes 88 645 8,274 Deposits by States: Supplemental Security Income 8 39 646 Unemployment 20 193 5,682 Education Department programs 340 2,055 12,135 Energy Department programs 15 280 1,283 Estate and Gift Taxes 86 631 3,494 Federal Reserve Earnings 0 1,156 14,698 Foreign Military Sales Program 121 1,571 6,324 Housing and Urban Development programs 31 116 655 Individual Income and Employment Taxes, Not Withheld 383 2,861 28,555 Interest recd from cash investments 0 0 0 Justice Department programs 8 205 1,543 Postal Service 504 3,936 19,398 Public Debt Cash Issues (Table III-B) 1,111 250,123 1,752,876 Other Deposits: Medicare Premiums 105 736 6,129 Total Other Deposits 105 2,395 28,011 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 8,694 355,604 2,356,227 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 8,694 $ 355,604 $ 2,356,227 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 13, 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 $ 107 $ 1,162 $ 12,595 Defense Vendor Payments (EFT) 1,925 10,827 55,447 Education Department programs 440 3,916 27,037 Energy Department programs 124 1,020 6,528 Federal Employees Insurance Payments 212 2,668 15,210 Fed. Highway Administration programs 916 2,667 10,436 Federal Salaries (EFT) 61 7,064 33,689 Food and Nutrition Service (misc) 128 1,088 6,227 GSA programs 58 877 3,958 Health and Human Services Grants (misc) 636 3,770 19,889 Housing and Urban Development programs 121 4,167 16,598 Interest on Treasury Securities 0 97 50,639 IRS Tax Refunds Business (EFT) 399 1,124 5,432 IRS Tax Refunds Individual (EFT) 6 281 8,367 Justice Department programs 47 597 3,417 Labor Dept. prgms (excl. unemployment) 34 527 2,835 Medicaid 5,320 17,231 77,293 Medicare and Other CMS Payments 1,229 10,729 75,848 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 0 6,794 NASA programs 34 743 3,573 Postal Service Money Orders and Other 126 1,556 8,220 Public Debt Cash Redemp. (Table III-B) 1,033 286,079 1,532,080 Social Security Benefits (EFT) 53 23,640 162,662 Supple. Nutrition Assist. Program (SNAP) 241 2,766 14,477 Temporary Assistance for Needy Families (HHS) 46 422 3,151 Transportation Security Admin. (DHS) 1 87 413 Unemployment Insurance Benefits 209 1,084 5,684 Veterans Affairs programs 143 2,238 11,329 Other Withdrawals: Agriculture 59 681 2,750 Centers for Disease Control 62 204 1,088 Thrift Savings Plan Transfer 154 2,532 7,630 Unclassified 1,120 10,414 56,923 Total, Other Withdrawals 1,395 40,587 149,634 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 15,045 450,156 2,382,057 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 15,045 $ 450,156 $ 2,382,057 Net Change in Operating Cash Balance $ -6,351 $ -94,553 $ -25,830 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 13, 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 50 692 4,643 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 37 190 Interest Increment 3 409 1,313 Government Account Series 384,601 3,475,514 19,107,687 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 116 2,743 22,699 Other 990 9,807 53,670 Total Issues $ 385,764 $ 3,727,196 $ 20,869,797 (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 54 484 2,653 Government Account Series 379,135 3,504,858 19,027,519 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 5 9,785 24,384 Other 974 9,793 53,659 Total Redemptions $ 380,168 $ 3,790,938 $ 20,558,918 Net Change in Public Debt Outstanding $ 5,596 $ -63,741 $ 310,879 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 13, 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) $ 385,764 $ 3,727,196 $ 20,869,797 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 (-) 384,601 3,475,514 19,107,687 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 409 1,313 Inflation-Protected Securities Increment 50 692 4,463 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,111 $ 250,123 $ 1,752,876 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 380,168 $ 3,790,938 $ 20,558,918 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 (-) 379,135 3,504,858 19,026,838 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,033 $ 286,079 $ 1,532,080 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 13, 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 $ 14,407,842 $ 14,407,878 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,476,481 5,470,849 5,504,365 5,400,021 Total Public Debt Outstanding 19,884,323 19,878,727 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,830 23,861 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 $ 19,846,987 $ 19,841,361 $ 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 Tuesday, December 13, 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 $ 2,122 $ 83,188 $ 444,780 Individual Income Taxes 65 2,911 9,705 Railroad Retirement Taxes 3 193 1,059 Excise Taxes 510 1,192 13,535 Corporation Income Taxes 3,151 5,912 19,485 Federal Unemployment Taxes 2 29 721 Estate and Gift Taxes & Misc IRS Rcpts. 1 19 121 Total $ 5,853 $ 93,444 $ 489,406 Cash Federal Tax Deposits: Direct $ 82 $ 440 $ 5,626 Through Depositaries 5,742 88,507 463,920 Total Cash FTD's $ 5,823 $ 88,947 $ 469,547 Inter-agency Transfers 30 4,497 19,860 Total $ 5,853 $ 93,444 $ 489,406 ___________________________________________________________________________________________ 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, December 13, 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) $ 582 $ 1,219 $ 11,378 IRS Tax Refunds Business (EFT) 399 1,124 5,432 IRS Tax Refunds Individual (Checks) 13 1,238 11,584 IRS Tax Refunds Individual (EFT) 6 281 8,367 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.