1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, December 30, 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 $ 399,190 $ 377,548 $ 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 $ 399,190 $ 377,548 $ 422,034 $ 353,312 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, December 30, 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) $ 233 $ 1,024 $ 2,591 Air Transport Security Fees 234 294 945 Cash FTD's Received (Table IV) 15,589 292,817 673,417 Commodity Credit Corporation programs 26 422 858 Customs and Certain Excise Taxes 55 3,559 11,188 Deposits by States: Supplemental Security Income 3 307 913 Unemployment 14 327 5,817 Education Department programs 152 4,763 14,843 Energy Department programs 19 794 1,797 Estate and Gift Taxes 308 2,017 4,880 Federal Reserve Earnings 0 5,908 19,450 Foreign Military Sales Program 76 2,728 7,481 Housing and Urban Development programs 9 267 805 Individual Income and Employment Taxes, Not Withheld 578 11,482 37,175 Interest recd from cash investments 0 0 0 Justice Department programs 55 597 1,935 Postal Service 329 8,394 23,857 Public Debt Cash Issues (Table III-B) 28,243 684,771 2,187,524 Other Deposits: Deposit Insurance Fund 2,581 2,930 3,231 Federal Housing Admin: Note Sales 84 1,847 5,618 GSE Dividends 5,286 5,286 5,286 Medicare Premiums 194 3,772 9,165 Minerals Management Svc/Collections 122 332 1,313 TARP 12 87 307 Thrift Savings Plan Transfer 88 742 7,962 Total Other Deposits 8,367 15,665 41,281 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 54,289 1,036,137 3,036,760 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 54,289 $ 1,036,137 $ 3,036,760 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, December 30, 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 $ 126 $ 2,383 $ 13,816 Defense Vendor Payments (EFT) 983 27,948 72,568 Education Department programs 942 10,789 33,911 Energy Department programs 277 2,888 8,395 Federal Employees Insurance Payments 320 6,273 18,815 Fed. Highway Administration programs 178 4,759 12,527 Federal Salaries (EFT) 3,515 17,434 44,059 Food and Nutrition Service (misc) 105 2,927 8,066 GSA programs 72 1,636 4,717 Health and Human Services Grants (misc) 403 9,160 25,278 Housing and Urban Development programs 1,802 7,583 20,014 Interest on Treasury Securities -17 770 51,312 IRS Tax Refunds Business (EFT) 0 1,417 5,726 IRS Tax Refunds Individual (EFT) 2 684 8,770 Justice Department programs 4 1,271 4,092 Labor Dept. prgms (excl. unemployment) 39 1,309 3,617 Medicaid 1,534 35,341 95,403 Medicare and Other CMS Payments 1,527 33,912 99,030 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 107 3,522 10,185 Public Debt Cash Redemp. (Table III-B) 1,173 694,807 1,940,808 Social Security Benefits (EFT) 1/ -4 69,442 208,464 Supple. Nutrition Assist. Program (SNAP) 100 5,688 17,399 Temporary Assistance for Needy Families (HHS) 53 1,361 4,090 Transportation Security Admin. (DHS) 8 216 541 Unemployment Insurance Benefits 84 2,642 7,241 Veterans Affairs programs 732 5,178 14,269 Other Withdrawals: Agency for Internat'l Development 57 1,318 3,692 Deposit Insurance Fund 215 268 374 Emergency Prep & Response (DHS) 98 1,343 4,397 Federal Transit Admin. 156 1,149 2,678 HHS: Indian Health Service 53 477 980 Military Active Duty Pay (EFT) 3,491 10,006 19,319 Military Retirement (EFT) 3,975 8,273 12,936 Supple. Security Income Benefits (EFT) 4,196 8,649 13,303 Thrift Savings Plan Transfer 117 5,981 11,079 Veterans Benefits (EFT) 6,264 12,877 19,904 Unclassified -39 21,480 67,989 Total, Other Withdrawals 18,582 81,662 190,710 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 32,648 1,058,982 2,990,882 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 32,648 $ 1,058,982 $ 2,990,882 Net Change in Operating Cash Balance $ 21,641 $ -22,844 $ 45,878 1/Reported as a negative amount due to a return/reversal of $5 million. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, December 30, 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 $ 573,993 $ 1,646,953 Cash Management Series 0 0 0 Notes 27,000 70,999 404,053 Bonds 0 12,000 47,586 Inflation-Protected Securities Increment 327 1,812 5,764 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities: Cash Issue Price 8 105 258 Interest Increment 3 443 1,347 Government Account Series 451,388 8,135,625 23,767,798 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 33 7,176 27,132 Other 921 22,689 66,552 Total Issues $ 479,681 $ 8,824,843 $ 25,967,444 (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 $ 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 1,106 3,276 Government Account Series 380,832 8,101,274 23,623,935 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 186 11,965 26,564 Other 922 22,725 66,592 Total Redemptions $ 382,006 $ 8,796,081 $ 25,564,061 Net Change in Public Debt Outstanding $ 97,675 $ 28,762 $ 403,382 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, December 30, 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) $ 479,681 $ 8,824,843 $ 25,967,444 Premium on New Issues 3 3 474 Discount on New Issues: Bills (-) 0 929 2,375 Bonds and Notes (-) 0 1,544 3,566 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 451,388 8,135,625 23,767,798 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 3 443 1,347 Inflation-Protected Securities Increment 49 1,535 5,306 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 28,243 $ 684,771 $ 2,187,524 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 382,006 $ 8,796,081 $ 25,564,061 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 (-) 380,832 8,101,274 23,623,254 Hope Bonds (-) 0 0 0 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 1,173 $ 694,807 $ 1,940,808 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, December 30, 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 $ 14,434,842 $ 14,407,587 $ 14,443,700 $ 14,173,424 Intragovernmental Holdings 5,541,985 5,471,565 5,504,365 5,400,021 Total Public Debt Outstanding 19,976,827 19,879,152 19,948,065 19,573,445 Less: Debt Not Subject to Limit: Other Debt 482 482 482 482 Unamortized Discount 24,279 23,804 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 $ 19,939,042 $ 19,841,842 $ 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 30, 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 $ 15,465 $ 216,023 $ 577,614 Individual Income Taxes 398 3,899 10,694 Railroad Retirement Taxes 22 406 1,272 Excise Taxes 80 6,369 18,712 Corporation Income Taxes 530 73,640 87,213 Federal Unemployment Taxes 15 82 774 Estate and Gift Taxes & Misc IRS Rcpts. 1 96 198 Total $ 16,511 $ 300,516 $ 696,478 Cash Federal Tax Deposits: Direct $ 52 $ 2,765 $ 7,951 Through Depositaries 15,537 290,052 665,465 Total Cash FTD's $ 15,589 $ 292,817 $ 673,417 Inter-agency Transfers 921 7,698 23,061 Total $ 16,511 $ 300,516 $ 696,478 ___________________________________________________________________________________________ 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 30, 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) $ 0 $ 2,168 $ 12,326 IRS Tax Refunds Business (EFT) 0 1,417 5,726 IRS Tax Refunds Individual (Checks) 11 2/ 2,293 2/ 12,639 IRS Tax Refunds Individual (EFT) 2 2/ 684 2/ 8,770 2/Does not include $26 million offset by Fiscal Service for the month of December 2016 and $178 million for the fiscal year-to-date for the Treasury Offset Program against Tax Refunds issued. 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.