Freewill
Platinum Member
- Oct 26, 2011
- 31,158
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Honestly folks, could you run you house this way? I also thought the mantra during Bush was that the wars were running up the debt? Lied to again?
Federal Tax Revenues Set Record Through May; Feds Still Running $436B Deficit
(CNSNews.com) - Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the federal governments total receipts for the fiscal year closed May at an unprecedented $1,934,919,000,000, according to the Monthly Treasury Statement.
Despite record revenue, the federal government still ran a deficit of $436.382 billion in the first eight months of the fiscal year, which began on Oct. 1, 2013 and will end on Sept. 30, 2014.
Federal Tax Revenues Set Record Through May; Feds Still Running $436B Deficit
(CNSNews.com) - Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the federal governments total receipts for the fiscal year closed May at an unprecedented $1,934,919,000,000, according to the Monthly Treasury Statement.
Despite record revenue, the federal government still ran a deficit of $436.382 billion in the first eight months of the fiscal year, which began on Oct. 1, 2013 and will end on Sept. 30, 2014.