Peter1469
08-06-2016, 11:55 PM
$2.67 trillion: Federal tax receipts through July hit record (http://www.washingtonexaminer.com/federal-tax-receipts-through-july-hit-record/article/2598764)
The government doesn't have a revenue problem. It has a spending problem.
Federal tax receipts for the first ten months of the fiscal year hit a new record in July, according to the Congressional Budget Office, reaching a total of $2.679 trillion by the end of the month. The figure comes with a couple of caveats: It sounds slightly better after adjusting for inflation, but the deficit sounds worse.
read more at the link
The government doesn't have a revenue problem. It has a spending problem.
Federal tax receipts for the first ten months of the fiscal year hit a new record in July, according to the Congressional Budget Office, reaching a total of $2.679 trillion by the end of the month. The figure comes with a couple of caveats: It sounds slightly better after adjusting for inflation, but the deficit sounds worse.
read more at the link