Federal Taxes, Spending and Deficit All Set Records Through April

Federal tax revenues hit a record $2,143,134,000,000 for the period while federal spending climbed to $4,074,970,000,000, resulting in a federal deficit of $1,931,836,000,000.
This is the first time that federal spending has exceeded $4 trillion in the first seven months of a fiscal year. [ Source: CNS News (Read More…) ]
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