Feds Collect Record Taxes Through November; But Still Run $343.3 Billion Deficit With Second-Highest Spending in Nation’s History


(Worthy News) – The federal government collected record total tax revenues of $470,706,000,000 in October and November, the first two months of fiscal 2020, according to the Monthly Treasury Statement released today.

Despite collecting that record amount in taxes, however, the federal government still ran a deficit of $343,360,000,000 during October and November because it spent $814,012,000,000 in those two months. [ Source: CNS News (Read More…) ]

18
people are currently praying.

đź’ˇ Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X
Join the Truth Social discussion

Latest Worthy News

DOJ Drops $1.8 Billion Anti-Weaponization Fund After Court Fight, GOP Pushback
Israel Says Hezbollah Violated Trump-Backed De-Escalation Pledge as Washington Hosts Lebanon Talks
U.S. Strikes Iran as Gulf Ceasefire Frays Under Missile and Drone Fire
Kenyan Court Extends Block On US-Backed Ebola Facility After Deadly Protests
South Carolina Jury Acquits Store Owner In Shooting Death Of Black Teen
Iranian Christian Convert Mary Mohammadi Disappears After Detention (Worthy News Investigation)
Prominent Short Seller Andrew Left Convicted In US Securities Fraud Case (Worthy News Focus)
Hungarian Government Plans Constitutional Changes To Remove President Sulyok (Worthy News In-Depth)
Russia Resupplies Syrian Air Base, Signaling Kremlin’s Intent to Keep Strategic Foothold
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News