Feds Collect Record Taxes Through November; Still Run $201.8B Deficit
Tuesday, December 12, 2017 | Tag Cloud Tags: deficit, News, tax, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs!
(Worthy News) – The federal government collected record total tax revenues of $443,715,000,000 in the first two months of fiscal 2018 (Oct. 1, 2017 through the end of November), according to the Monthly Treasury Statement.
Despite these record tax revenues, the federal government still ran a deficit of $201,761,000,000 for those same two months.
That is because the government spent $645,476,000,000 in October and November. [ Source: CNS News (Read More…) ]
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