1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Wednesday, December 21, 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 $ 387,014 $ 392,994 $ 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 $ 387,014 $ 392,994 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Wednesday, December 21, 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) $ 32 $ 577 $ 2,144 Air Transport Security Fees 1 29 680 Cash FTD's Received (Table IV) 12,173 225,426 606,025 Commodity Credit Corporation programs 10 307 743 Customs and Certain Excise Taxes 65 1,170 8,799 Deposits by States: Supplemental Security Income 4 58 664 Unemployment 12 270 5,760 Education Department programs 218 3,425 13,505 Energy Department programs 28 476 1,479 Estate and Gift Taxes 214 1,423 4,286 Federal Reserve Earnings 1,626 5,044 18,587 Foreign Military Sales Program 394 2,319 7,073 Housing and Urban Development programs 77 225 763 Individual Income and Employment Taxes, Not Withheld 1,398 6,843 32,536 Interest recd from cash investments 0 0 0 Justice Department programs 17 414 1,753 Postal Service 382 6,377 21,840 Public Debt Cash Issues (Table III-B) 1,834 420,610 1,923,364 Other Deposits: Medicare Premiums 337 2,032 7,425 TARP 14 61 281 Total Other Deposits 351 4,612 30,227 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 18,836 679,605 2,680,228 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 18,836 $ 679,605 $ 2,680,228 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Wednesday, December 21, 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 $ 47 $ 1,669 $ 13,102 Defense Vendor Payments (EFT) 1,138 19,634 64,254 Education Department programs 469 6,685 29,807 Energy Department programs 136 1,834 7,341 Federal Employees Insurance Payments 339 4,053 16,595 Fed. Highway Administration programs 133 3,698 11,466 Federal Salaries (EFT) 124 12,808 39,433 Food and Nutrition Service (misc) 167 2,179 7,318 GSA programs 123 1,257 4,338 Health and Human Services Grants (misc) 339 6,464 22,582 Housing and Urban Development programs 92 4,981 17,411 Interest on Treasury Securities 0 786 51,328 IRS Tax Refunds Business (EFT) 9 1,406 5,715 IRS Tax Refunds Individual (EFT) 99 588 8,674 Justice Department programs 66 946 3,766 Labor Dept. prgms (excl. unemployment) 48 845 3,152 Medicaid 948 24,151 84,213 Medicare and Other CMS Payments 1,949 20,738 85,857 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 0 6,794 NASA programs 227 1,489 4,320 Postal Service Money Orders and Other 116 2,404 9,068 Public Debt Cash Redemp. (Table III-B) 1,038 455,529 1,701,529 Social Security Benefits (EFT) 14,992 54,211 193,234 Supple. Nutrition Assist. Program (SNAP) 170 4,493 16,205 Temporary Assistance for Needy Families (HHS) 17 860 3,588 Transportation Security Admin. (DHS) 13 164 489 Unemployment Insurance Benefits 153 1,869 6,468 Veterans Affairs programs 194 3,391 12,483 Other Withdrawals: Agency for Internat'l Development 61 1,041 3,415 Agriculture 66 1,162 3,232 Agriculture Loan Payments (misc) 74 792 2,219 Federal Aviation Administration 60 556 1,806 Federal Financing Bank 69 655 1,104 Federal Railroad Admin. 70 205 1,152 Federal Transit Admin. 113 754 2,283 State Department 52 585 2,781 Thrift Savings Plan Transfer 340 4,287 9,385 Unclassified 764 16,746 63,256 Total, Other Withdrawals 1,668 54,353 163,400 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 24,815 714,625 2,646,525 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 24,815 $ 714,625 $ 2,646,525 Net Change in Operating Cash Balance $ -5,979 $ -35,020 $ 33,703 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Wednesday, December 21, 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 1,089 5,040 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 4 64 218 Interest Increment 3 426 1,331 Government Account Series 379,829 5,765,256 21,397,430 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 862 5,586 25,542 Other 969 16,125 59,988 Total Issues $ 381,716 $ 6,189,538 $ 23,332,138 (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 48 769 2,939 Government Account Series 391,991 5,803,793 21,326,453 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 21 11,628 26,226 Other 969 16,113 59,979 Total Redemptions $ 393,028 $ 6,259,322 $ 23,027,302 Net Change in Public Debt Outstanding $ -11,312 $ -69,784 $ 304,836 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Wednesday, December 21, 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) $ 381,716 $ 6,189,538 $ 23,332,138 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 (-) 379,829 5,765,256 21,397,430 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 426 1,331 Inflation-Protected Securities Increment 50 1,089 4,860 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 1,834 $ 420,610 $ 1,923,364 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 393,028 $ 6,259,322 $ 23,027,302 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 (-) 391,991 5,803,793 21,325,772 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,038 $ 455,529 $ 1,701,529 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Wednesday, December 21, 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 $ 14,410,281 $ 14,409,701 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,468,000 5,479,892 5,504,365 5,400,021 Total Public Debt Outstanding 19,878,281 19,889,593 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,738 23,769 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 $ 19,841,037 $ 19,852,318 $ 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 Wednesday, December 21, 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 $ 12,147 $ 153,408 $ 514,999 Individual Income Taxes 122 2,318 9,112 Railroad Retirement Taxes 7 296 1,162 Excise Taxes 13 3,262 15,605 Corporation Income Taxes 109 72,236 85,810 Federal Unemployment Taxes 4 45 737 Estate and Gift Taxes & Misc IRS Rcpts. 1 86 188 Total $ 12,403 $ 231,651 $ 627,613 Cash Federal Tax Deposits: Direct $ 58 $ 1,502 $ 6,688 Through Depositaries 12,114 223,924 599,337 Total Cash FTD's $ 12,173 $ 225,426 $ 606,025 Inter-agency Transfers 230 6,225 21,587 Total $ 12,403 $ 231,651 $ 627,613 ___________________________________________________________________________________________ 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 Wednesday, December 21, 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) $ 47 $ 1,797 $ 11,955 IRS Tax Refunds Business (EFT) 9 1,406 5,715 IRS Tax Refunds Individual (Checks) 17 1,831 12,177 IRS Tax Refunds Individual (EFT) 99 588 8,674 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.