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Economy

“Federal Taxes and Spending Set Records Through February”

“During the October-February period, the government spent a record $1,991,272,000,000 while it collected a record $1,366,750,000,000 in taxes…

Thus, while running up records in taxing and spending for the first five months of the fiscal year, the federal government also ran a deficit of $624,522,000,000.

That means the federal deficit so far this year has averaged $124,904,400,000 per month…”

https://www.cnsnews.com/article/washington/terence-p-jeffrey/federal-taxes-and-spending-set-records-through-february

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