“Federal Taxes and Spending Set Records Through February”
March 12, 2020
“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…”