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federal_spending_april_2021

March Deficit Blowout: U.S. Spends 3.5x More Than It Brings in; YTD Deficit Is Biggest Ever…

April 12, 2021 at 5:48 pm

The covid crisis may be over (with nearly 60% of the population vaccinated, one would certainly hope it’s over), but covid crisis spending is here to stay…

tax_receipts_july_2018

U.S. Spending on Interest Hits All Time High as Budget Deficit Soars to $684 Billion…

August 13, 2018 at 10:56 pm

The US’ spending problem is starting to become a major issue. According to the latest Monthly Treasury Statement, in June, the US collected $225BN in tax receipts – consisting of $110BN in individual income tax, $91BN in social security and payroll tax, $4BN in corporate tax and $20BN in other taxes and duties- a drop […]

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