1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, December 29, 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 $ 377,548 $ 372,825 $ 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 $ 377,548 $ 372,825 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, December 29, 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) $ 76 $ 791 $ 2,358 Air Transport Security Fees 12 60 711 Cash FTD's Received (Table IV) 12,351 277,228 657,828 Commodity Credit Corporation programs 15 396 832 Customs and Certain Excise Taxes 127 3,505 11,133 Deposits by States: Supplemental Security Income 222 303 910 Unemployment 10 314 5,804 Education Department programs 191 4,612 14,692 Energy Department programs 23 776 1,779 Estate and Gift Taxes 64 1,709 4,572 Federal Reserve Earnings 0 5,908 19,450 Foreign Military Sales Program 8 2,652 7,406 Housing and Urban Development programs 5 257 796 Individual Income and Employment Taxes, Not Withheld 1,755 10,904 36,598 Interest recd from cash investments 0 0 0 Justice Department programs 10 542 1,880 Postal Service 277 8,065 23,528 Public Debt Cash Issues (Table III-B) 113,710 656,528 2,159,281 Other Deposits: Deposit Insurance Fund 327 349 649 Federal Housing Admin: Note Sales 55 1,763 5,533 Medicare Premiums 369 3,578 8,971 Minerals Management Svc/Collections 73 210 1,191 Thrift Savings Plan Transfer 64 655 7,874 Total Other Deposits 888 7,298 32,914 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 129,744 981,848 2,982,471 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 129,744 $ 981,848 $ 2,982,471 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, December 29, 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 $ 51 $ 2,256 $ 13,690 Defense Vendor Payments (EFT) 1,068 26,964 71,584 Education Department programs 766 9,848 32,969 Energy Department programs 153 2,611 8,118 Federal Employees Insurance Payments 251 5,953 18,495 Fed. Highway Administration programs 209 4,581 12,349 Federal Salaries (EFT) 38 13,919 40,544 Food and Nutrition Service (misc) 134 2,823 7,962 GSA programs 109 1,563 4,644 Health and Human Services Grants (misc) 471 8,757 24,875 Housing and Urban Development programs 180 5,781 18,212 Interest on Treasury Securities 0 787 51,328 IRS Tax Refunds Business (EFT) 0 1,417 5,726 IRS Tax Refunds Individual (EFT) 80 681 8,767 Justice Department programs 61 1,267 4,088 Labor Dept. prgms (excl. unemployment) 109 1,270 3,577 Medicaid 4,355 33,807 93,868 Medicare and Other CMS Payments 2,296 32,385 97,504 Medicare Advantage - Part C&D Payments 0 21,140 52,595 Marketplace Payments 0 2,811 9,605 NASA programs 0 2,029 4,859 Postal Service Money Orders and Other 551 3,415 10,078 Public Debt Cash Redemp. (Table III-B) 112,513 693,634 1,939,634 Social Security Benefits (EFT) 0 69,446 208,468 Supple. Nutrition Assist. Program (SNAP) 94 5,588 17,299 Temporary Assistance for Needy Families (HHS) 120 1,309 4,037 Transportation Security Admin. (DHS) 21 208 533 Unemployment Insurance Benefits 120 2,558 7,158 Veterans Affairs programs 214 4,446 13,538 Other Withdrawals: Agency for Internat'l Development 56 1,260 3,634 Agriculture Loan Payments (misc) 96 1,215 2,642 Emergency Prep & Response (DHS) 53 1,245 4,299 Federal Financing Bank 72 789 1,239 Minerals Management Service 97 107 456 Unclassified 682 21,519 68,029 Total, Other Withdrawals 1,056 63,081 172,128 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 125,021 1,026,334 2,958,234 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 125,021 $ 1,026,334 $ 2,958,234 Net Change in Operating Cash Balance $ 4,724 $ -44,486 $ 24,237 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, December 29, 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 $ 111,998 $ 573,993 $ 1,646,953 Cash Management Series 0 0 0 Notes 0 43,999 377,053 Bonds 0 12,000 47,586 Inflation-Protected Securities Increment 51 1,485 5,436 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 6 97 250 Interest Increment 2 440 1,344 Government Account Series 382,340 7,684,237 23,316,410 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 475 7,143 27,098 Other 1,391 21,768 65,631 Total Issues $ 496,263 $ 8,345,162 $ 25,487,763 (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 $ 110,994 $ 628,985 $ 1,475,954 Notes 0 30,025 348,951 Bonds 0 0 18,790 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 65 1,042 3,211 Government Account Series 383,988 7,720,442 23,243,102 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 47 11,779 26,378 Other 1,407 21,803 65,670 Total Redemptions $ 496,501 $ 8,414,075 $ 25,182,056 Net Change in Public Debt Outstanding $ -238 $ -68,913 $ 305,707 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, December 29, 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) $ 496,263 $ 8,345,162 $ 25,487,763 Premium on New Issues 0 0 471 Discount on New Issues: Bills (-) 160 929 2,375 Bonds and Notes (-) 0 1,544 3,566 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 382,340 7,684,237 23,316,410 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 440 1,344 Inflation-Protected Securities Increment 51 1,485 5,257 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 113,710 $ 656,528 $ 2,159,281 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 496,501 $ 8,414,075 $ 25,182,056 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 (-) 383,988 7,720,442 23,242,421 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 112,513 $ 693,634 $ 1,939,634 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, December 29, 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 $ 14,407,587 $ 14,405,853 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,471,565 5,473,536 5,504,365 5,400,021 Total Public Debt Outstanding 19,879,152 19,879,389 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 23,804 23,675 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 $ 19,841,842 $ 19,842,208 $ 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 29, 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 $ 10,001 $ 200,558 $ 562,149 Individual Income Taxes 240 3,501 10,296 Railroad Retirement Taxes 6 384 1,250 Excise Taxes 1,984 6,289 18,632 Corporation Income Taxes 116 73,110 86,683 Federal Unemployment Taxes 5 68 759 Estate and Gift Taxes & Misc IRS Rcpts. 4 95 197 Total $ 12,356 $ 284,005 $ 679,967 Cash Federal Tax Deposits: Direct $ 820 $ 2,713 $ 7,899 Through Depositaries 11,532 274,515 649,928 Total Cash FTD's $ 12,351 $ 277,228 $ 657,828 Inter-agency Transfers 4 6,777 22,140 Total $ 12,356 $ 284,005 $ 679,967 ___________________________________________________________________________________________ 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 29, 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) $ 0 $ 2,168 $ 12,326 IRS Tax Refunds Business (EFT) 0 1,417 5,726 IRS Tax Refunds Individual (Checks) 9 2,282 12,628 IRS Tax Refunds Individual (EFT) 80 681 8,767 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.