1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Tuesday, December 20, 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 $ 392,994 $ 396,239 $ 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 $ 392,994 $ 396,239 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Tuesday, December 20, 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) $ 64 $ 545 $ 2,112 Air Transport Security Fees 1 28 679 Cash FTD's Received (Table IV) 3,705 213,253 593,853 Commodity Credit Corporation programs 14 297 733 Customs and Certain Excise Taxes 90 1,105 8,734 Deposits by States: Supplemental Security Income 5 54 660 Unemployment 12 258 5,748 Education Department programs 314 3,207 13,287 Energy Department programs 25 448 1,451 Estate and Gift Taxes 86 1,209 4,072 Federal Reserve Earnings 0 3,418 16,961 Foreign Military Sales Program 40 1,925 6,679 Housing and Urban Development programs 4 148 686 Individual Income and Employment Taxes, Not Withheld 435 5,444 31,138 Interest recd from cash investments 0 0 0 Justice Department programs 7 398 1,736 Postal Service 511 5,995 21,457 Public Debt Cash Issues (Table III-B) 1,438 418,776 1,921,529 Other Deposits: Export-Import Bank 214 437 672 Medicare Premiums 255 1,695 7,088 TARP 31 46 267 Total Other Deposits 500 4,260 29,876 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 7,253 660,769 2,661,392 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 7,253 $ 660,769 $ 2,661,392 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Tuesday, December 20, 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 $ 112 $ 1,622 $ 13,055 Defense Vendor Payments (EFT) 1,812 18,495 63,116 Education Department programs 348 6,216 29,338 Energy Department programs 89 1,698 7,206 Federal Employees Insurance Payments 206 3,714 16,256 Fed. Highway Administration programs 185 3,564 11,332 Federal Salaries (EFT) 361 12,684 39,309 Food and Nutrition Service (misc) 204 2,012 7,151 GSA programs 63 1,134 4,215 Health and Human Services Grants (misc) 453 6,125 22,243 Housing and Urban Development programs 151 4,888 17,319 Interest on Treasury Securities 0 786 51,328 IRS Tax Refunds Business (EFT) 89 1,397 5,706 IRS Tax Refunds Individual (EFT) 4 489 8,575 Justice Department programs 63 880 3,700 Labor Dept. prgms (excl. unemployment) 51 797 3,104 Medicaid 764 23,203 83,265 Medicare and Other CMS Payments 1,806 18,789 83,908 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 0 6,794 NASA programs 34 1,262 4,093 Postal Service Money Orders and Other 134 2,288 8,952 Public Debt Cash Redemp. (Table III-B) 1,024 454,491 1,700,492 Social Security Benefits (EFT) 49 39,219 178,242 Supple. Nutrition Assist. Program (SNAP) 179 4,323 16,034 Temporary Assistance for Needy Families (HHS) 41 843 3,571 Transportation Security Admin. (DHS) 30 151 476 Unemployment Insurance Benefits 218 1,716 6,315 Veterans Affairs programs 217 3,197 12,289 Other Withdrawals: Agency for Internat'l Development 55 980 3,354 Agriculture 178 1,097 3,166 Agriculture Loan Payments (misc) 94 718 2,146 Centers for Disease Control 54 334 1,218 Federal Transit Admin. 95 641 2,170 Thrift Savings Plan Transfer 380 3,947 9,045 Treasury Dept: Claims Payments 60 284 1,289 U.S. District Courts (net) -90 -307 -1,541 Unclassified 985 15,983 62,492 Total, Other Withdrawals 1,810 52,685 161,733 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,498 689,810 2,621,710 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,498 $ 689,810 $ 2,621,710 Net Change in Operating Cash Balance $ -3,245 $ -29,041 $ 39,682 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Tuesday, December 20, 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 $ 344,991 $ 1,417,951 Cash Management Series 0 0 0 Notes 0 43,999 377,053 Bonds 0 12,000 47,586 Inflation-Protected Securities Increment 50 1,039 4,990 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 60 214 Interest Increment 3 424 1,328 Government Account Series 382,082 5,385,427 21,017,601 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 463 4,725 24,680 Other 970 15,157 59,020 Total Issues $ 383,573 $ 5,807,821 $ 22,950,422 (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 $ 396,994 $ 1,243,963 Notes 0 30,025 348,951 Bonds 0 0 18,790 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 51 721 2,891 Government Account Series 375,620 5,411,802 20,934,463 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 1 11,607 26,205 Other 972 15,144 59,010 Total Redemptions $ 376,644 $ 5,866,293 $ 22,634,274 Net Change in Public Debt Outstanding $ 6,929 $ -58,472 $ 316,148 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Tuesday, December 20, 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) $ 383,573 $ 5,807,821 $ 22,950,422 Premium on New Issues 0 0 471 Discount on New Issues: Bills (-) 0 612 2,059 Bonds and Notes (-) 0 1,544 3,566 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 382,082 5,385,427 21,017,601 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 424 1,328 Inflation-Protected Securities Increment 50 1,039 4,810 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,438 $ 418,776 $ 1,921,529 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 376,644 $ 5,866,293 $ 22,634,274 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 (-) 375,620 5,411,802 20,933,782 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,024 $ 454,491 $ 1,700,492 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Tuesday, December 20, 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 $ 14,409,701 $ 14,409,251 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,479,892 5,473,413 5,504,365 5,400,021 Total Public Debt Outstanding 19,889,593 19,882,664 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,769 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 $ 19,852,318 $ 19,845,358 $ 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 20, 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 $ 3,326 $ 141,261 $ 502,853 Individual Income Taxes 182 2,196 8,990 Railroad Retirement Taxes 5 289 1,155 Excise Taxes 54 3,248 15,591 Corporation Income Taxes 91 72,127 85,701 Federal Unemployment Taxes 2 42 733 Estate and Gift Taxes & Misc IRS Rcpts. 48 85 187 Total $ 3,710 $ 219,248 $ 615,210 Cash Federal Tax Deposits: Direct $ 211 $ 1,444 $ 6,630 Through Depositaries 3,494 211,810 587,223 Total Cash FTD's $ 3,705 $ 213,253 $ 593,853 Inter-agency Transfers 4 5,995 21,357 Total $ 3,710 $ 219,248 $ 615,210 ___________________________________________________________________________________________ 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 20, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ Classification This Fiscal Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 392 $ 1,750 $ 11,909 IRS Tax Refunds Business (EFT) 89 1,397 5,706 IRS Tax Refunds Individual (Checks) 24 1,815 12,160 IRS Tax Refunds Individual (EFT) 4 489 8,575 operationsmfor themFederal tGovernment.tTreasury'suoperating cashdistmaintained 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.