1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 15, 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 $ 378,138 $ 325,271 $ 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 $ 378,138 $ 325,271 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 15, 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) $ 172 $ 439 $ 2,006 Air Transport Security Fees 2 9 660 Cash FTD's Received (Table IV) 64,700 170,958 551,557 Commodity Credit Corporation programs 22 247 683 Customs and Certain Excise Taxes 71 844 8,473 Deposits by States: Supplemental Security Income 2 44 650 Unemployment 12 220 5,709 Education Department programs 182 2,441 12,521 Energy Department programs 60 344 1,347 Estate and Gift Taxes 121 964 3,827 Federal Reserve Earnings 0 3,418 16,961 Foreign Military Sales Program 110 1,705 6,458 Housing and Urban Development programs 6 126 665 Individual Income and Employment Taxes, Not Withheld 346 4,126 29,820 Interest recd from cash investments 0 0 0 Justice Department programs 7 376 1,714 Postal Service 367 4,675 20,138 Public Debt Cash Issues (Table III-B) 163,710 415,126 1,917,880 Other Deposits: Export-Import Bank 170 217 452 Federal Finance Bank 190 198 264 Medicare Premiums 299 1,104 6,496 Total Other Deposits 659 3,123 28,739 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 230,550 609,185 2,609,808 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 230,550 $ 609,185 $ 2,609,808 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 15, 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 $ 85 $ 1,325 $ 12,758 Defense Vendor Payments (EFT) 1,645 13,362 57,982 Education Department programs 504 4,818 27,939 Energy Department programs 160 1,323 6,830 Federal Employees Insurance Payments 188 3,116 15,658 Fed. Highway Administration programs 262 3,164 10,932 Federal Salaries (EFT) 176 7,348 33,972 Food and Nutrition Service (misc) 194 1,573 6,712 GSA programs 109 1,001 4,082 Health and Human Services Grants (misc) 617 4,803 20,921 Housing and Urban Development programs 156 4,459 16,890 Interest on Treasury Securities 689 786 51,328 IRS Tax Refunds Business (EFT) 104 1,247 5,556 IRS Tax Refunds Individual (EFT) 4 446 8,532 Justice Department programs 55 703 3,523 Labor Dept. prgms (excl. unemployment) 98 664 2,971 Medicaid 2,085 20,507 80,569 Medicare and Other CMS Payments 1,549 14,026 79,144 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 0 6,794 NASA programs 188 1,038 3,869 Postal Service Money Orders and Other 91 1,786 8,449 Public Debt Cash Redemp. (Table III-B) 163,871 450,971 1,696,972 Social Security Benefits (EFT) 53 39,072 178,094 Supple. Nutrition Assist. Program (SNAP) 261 3,330 15,042 Temporary Assistance for Needy Families (HHS) 145 731 3,459 Transportation Security Admin. (DHS) 15 109 434 Unemployment Insurance Benefits 92 1,314 5,913 Veterans Affairs programs 197 2,616 11,707 Other Withdrawals: Agriculture 68 786 2,855 Agriculture Loan Payments (misc) 109 542 1,969 Emergency Prep & Response (DHS) 104 749 3,803 Federal Aviation Administration 52 380 1,630 Military Active Duty Pay (EFT) 2,801 6,443 15,756 State Department 74 435 2,631 Thrift Savings Plan Transfer 54 2,646 7,745 Unclassified 826 12,169 58,679 Total, Other Withdrawals 4,088 46,306 155,354 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 177,683 653,081 2,584,981 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 177,683 $ 653,081 $ 2,584,981 Net Change in Operating Cash Balance $ 52,867 $ -43,896 $ 24,826 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 15, 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 $ 106,996 $ 344,991 $ 1,417,951 Cash Management Series 0 0 0 Notes 44,000 43,999 377,053 Bonds 12,000 12,000 47,586 Inflation-Protected Securities Increment 52 792 4,743 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 45 198 Interest Increment 3 415 1,319 Government Account Series 382,886 4,241,309 19,873,482 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 942 4,005 23,961 Other 1,465 12,242 56,105 Total Issues $ 548,349 $ 4,659,798 $ 21,802,399 (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 $ 131,002 $ 396,994 $ 1,243,963 Notes 30,000 30,025 348,951 Bonds 0 0 18,790 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 45 579 2,749 Government Account Series 380,615 4,281,571 19,804,232 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1,362 11,148 25,746 Other 1,462 12,226 56,092 Total Redemptions $ 544,486 $ 4,732,543 $ 21,500,523 Net Change in Public Debt Outstanding $ 3,863 $ -72,744 $ 301,876 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 15, 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) $ 548,349 $ 4,659,798 $ 21,802,399 Premium on New Issues 0 0 471 Discount on New Issues: Bills (-) 154 612 2,059 Bonds and Notes (-) 1,544 1,544 3,566 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 382,886 4,241,309 19,873,482 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 415 1,319 Inflation-Protected Securities Increment 52 792 4,564 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 163,710 $ 415,126 $ 1,917,880 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 544,486 $ 4,732,543 $ 21,500,523 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 (-) 380,615 4,281,571 19,803,551 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 163,871 $ 450,971 $ 1,696,972 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 15, 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 $ 14,409,960 $ 14,408,092 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,465,361 5,463,366 5,504,365 5,400,021 Total Public Debt Outstanding 19,875,320 19,871,458 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,923 23,800 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 $ 19,837,892 $ 19,834,152 $ 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 15, 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 $ 7,871 $ 100,063 $ 461,654 Individual Income Taxes 356 1,682 8,477 Railroad Retirement Taxes 4 203 1,069 Excise Taxes 74 3,156 15,499 Corporation Income Taxes 56,450 70,366 83,940 Federal Unemployment Taxes 3 35 727 Estate and Gift Taxes & Misc IRS Rcpts. 3 22 124 Total $ 64,762 $ 175,527 $ 571,489 Cash Federal Tax Deposits: Direct $ 23 $ 1,145 $ 6,331 Through Depositaries 64,677 169,813 545,226 Total Cash FTD's $ 64,700 $ 170,958 $ 551,557 Inter-agency Transfers 63 4,569 19,932 Total $ 64,762 $ 175,527 $ 571,489 ___________________________________________________________________________________________ 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 15, 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) $ 43 $ 1,289 $ 11,447 IRS Tax Refunds Business (EFT) 104 1,247 5,556 IRS Tax Refunds Individual (Checks) 15 1,267 11,612 IRS Tax Refunds Individual (EFT) 4 446 8,532 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.