“Federal Taxes and Spending Set Records Through January”
February 14, 2020
“The federal government set records for both the amount of taxes it collected and the amount of money it spent in the first four months of fiscal 2020 (October through January), according to data released today in the Monthly Treasury Statement.
So far in fiscal 2020, the federal government has collected $1,178,800,000,000 in total taxes…
While the federal government was collecting that record $1,178,800,000 in federal taxes in October through January of this fiscal year, it was spending a record total of $1,567,985,000,000…”