Federal Taxes Set Record Through July; Real Federal Spending up 47.7% From Pre-Pandemic High


usd million dollars hundreds(Worthy News) – The federal government set a new record for the amount of taxes it collected through the first ten months of fiscal 2021 (October through July), according to the Monthly Treasury Statement.

Total federal tax receipts were $3,318,078,000,000 for the period.

When federal tax receipts from previous fiscal years are adjusted for inflation into July 2021 dollars, the second-highest tax receipts for the October-through-July period came in fiscal 2017. That year, the federal government collected $3,055,690,570,000 in taxes (in constant July 2021 dollars) in October through July. [ Source: CNS News (Read More…) ]

14
people are currently praying.

💡 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

Latest Worthy News

Hegseth: Tuesday To Be ‘Most Intense Day Of Strikes’ Yet In Iran
Iranian Women’s Soccer Players Granted Asylum In Australia After Anthem Protest
US, Israel Reject Iran’s New Leader As NATO Intercepts Second Missile Threatening Turkey; US Shares Recover (Worthy News Focus)
Trump Push for SAVE America Act Raises Risk of Congressional Gridlock
Global Operation Rescues 65 Children, Arrests 60 in Child-Exploitation Crackdown
Trump Launches ‘Shield of the Americas’ Strategy Targeting Drug Cartels
IDF Hits Over 600 Targets, Kills 200 Hezbollah Operatives in Expanding Lebanon Campaign
G7 Nations Not Yet Ready To Release Oil Stockpiles
Federal Deficit Totaled $1 Trillion In Beginning Of Fy2026, CBO Says
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