1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 23, 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 $ 381,044 $ 377,197 $ 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 $ 381,044 $ 377,197 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 23, 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) $ 22 $ 649 $ 2,216 Air Transport Security Fees 5 39 690 Cash FTD's Received (Table IV) 11,475 241,608 622,208 Commodity Credit Corporation programs 29 355 791 Customs and Certain Excise Taxes 67 3,220 10,849 Deposits by States: Supplemental Security Income 5 66 672 Unemployment 8 287 5,777 Education Department programs 147 3,810 13,890 Energy Department programs 27 531 1,534 Estate and Gift Taxes 94 1,597 4,460 Federal Reserve Earnings 0 5,044 18,587 Foreign Military Sales Program 71 2,504 7,257 Housing and Urban Development programs 8 239 777 Individual Income and Employment Taxes, Not Withheld 467 7,727 33,421 Interest recd from cash investments 0 0 0 Justice Department programs 21 442 1,781 Postal Service 374 7,097 22,560 Public Debt Cash Issues (Table III-B) 982 540,618 2,043,371 Other Deposits: Federal Housing Admin: Note Sales 52 1,633 5,403 Medicare Premiums 298 3,026 8,419 Thrift Savings Plan Transfer 90 468 7,688 Total Other Deposits 440 5,879 31,495 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 14,243 821,712 2,822,335 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 14,243 $ 821,712 $ 2,822,335 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 23, 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 $ 191 $ 1,915 $ 13,348 Defense Vendor Payments (EFT) 1,417 22,699 67,319 Education Department programs 564 7,757 30,879 Energy Department programs 184 2,302 7,810 Federal Employees Insurance Payments 413 5,072 17,614 Fed. Highway Administration programs 114 4,014 11,782 Federal Salaries (EFT) 107 13,694 40,319 Food and Nutrition Service (misc) 105 2,420 7,559 GSA programs 43 1,304 4,385 Health and Human Services Grants (misc) 534 7,416 23,535 Housing and Urban Development programs 151 5,319 17,750 Interest on Treasury Securities 0 786 51,328 IRS Tax Refunds Business (EFT) 0 1,406 5,715 IRS Tax Refunds Individual (EFT) 3 595 8,681 Justice Department programs 70 1,087 3,907 Labor Dept. prgms (excl. unemployment) 76 1,022 3,329 Medicaid 1,313 27,386 87,448 Medicare and Other CMS Payments 1,597 25,433 90,551 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 2,811 9,605 NASA programs 90 1,863 4,693 Postal Service Money Orders and Other 108 2,603 9,267 Public Debt Cash Redemp. (Table III-B) 988 579,029 1,825,030 Social Security Benefits (EFT) 1 54,214 193,236 Supple. Nutrition Assist. Program (SNAP) 179 4,869 16,580 Temporary Assistance for Needy Families (HHS) 166 1,047 3,776 Transportation Security Admin. (DHS) 2 176 501 Unemployment Insurance Benefits 51 2,010 6,609 Veterans Affairs programs 206 3,813 12,905 Other Withdrawals: Agency for Internat'l Development 86 1,173 3,547 Agriculture 64 1,277 3,346 Agriculture Loan Payments (misc) 91 971 2,398 Federal Railroad Admin. 56 285 1,232 Unclassified 1,428 19,287 65,797 Total, Other Withdrawals 1,725 57,499 166,547 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 10,397 862,702 2,794,603 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 10,397 $ 862,702 $ 2,794,603 Net Change in Operating Cash Balance $ 3,847 $ -40,991 $ 27,732 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 23, 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 $ -1 $ 461,998 $ 1,534,958 Cash Management Series 0 0 0 Notes 0 43,999 377,053 Bonds 0 12,000 47,586 Inflation-Protected Securities Increment 49 1,187 5,138 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 5 74 228 Interest Increment 3 433 1,337 Government Account Series 386,996 6,534,776 22,166,949 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 37 6,358 26,314 Other 940 18,500 62,363 Total Issues $ 388,031 $ 7,079,326 $ 24,221,926 (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 $ 517,991 $ 1,364,960 Notes 0 30,025 348,951 Bonds 0 0 18,790 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 47 864 3,034 Government Account Series 377,304 6,561,173 22,083,834 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 11,633 26,231 Other 941 18,516 62,382 Total Redemptions $ 378,292 $ 7,140,202 $ 23,908,183 Net Change in Public Debt Outstanding $ 9,738 $ -60,877 $ 313,743 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 23, 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) $ 388,031 $ 7,079,326 $ 24,221,926 Premium on New Issues 0 0 471 Discount on New Issues: Bills (-) 0 769 2,215 Bonds and Notes (-) 0 1,544 3,566 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 386,996 6,534,776 22,166,949 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 433 1,337 Inflation-Protected Securities Increment 49 1,187 4,958 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 982 $ 540,618 $ 2,043,371 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 378,292 $ 7,140,202 $ 23,908,183 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 (-) 377,304 6,561,173 22,083,153 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 988 $ 579,029 $ 1,825,030 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 23, 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 $ 14,406,979 $ 14,406,888 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,480,209 5,470,561 5,504,365 5,400,021 Total Public Debt Outstanding 19,887,188 19,877,450 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,832 23,864 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 $ 19,849,850 $ 19,840,080 $ 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 Friday, December 23, 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 $ 10,834 $ 168,883 $ 530,474 Individual Income Taxes 179 2,658 9,453 Railroad Retirement Taxes 56 354 1,220 Excise Taxes 317 3,618 15,961 Corporation Income Taxes 94 72,404 85,977 Federal Unemployment Taxes 4 52 743 Estate and Gift Taxes & Misc IRS Rcpts. 1 90 192 Total $ 11,486 $ 248,059 $ 644,021 Cash Federal Tax Deposits: Direct $ 33 $ 1,588 $ 6,774 Through Depositaries 11,442 240,021 615,434 Total Cash FTD's $ 11,475 $ 241,608 $ 622,208 Inter-agency Transfers 10 6,451 21,813 Total $ 11,486 $ 248,059 $ 644,021 ___________________________________________________________________________________________ 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 Friday, December 23, 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) $ 1 $ 1,819 $ 11,977 IRS Tax Refunds Business (EFT) 0 1,406 5,715 IRS Tax Refunds Individual (Checks) 400 2,254 12,600 IRS Tax Refunds Individual (EFT) 3 595 8,681 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.