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Paul_Ryan

Feds Collect Record Taxes in October; Still Run $100B Deficit…

November 14, 2018 at 7:19 pm

The federal government collected record total tax revenues of $252,692,000,000 in October, the first month of fiscal 2019, according to the Monthly Treasury Statement released Tuesday. Despite the record tax collections, the government still ran a deficit of $100,491,000,000 for the month—because it spent $353,183,000,000. This October’s record $252,692,000,000 in total tax collections was $11,414,590,000 […]

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