Friday, July 17, 2015

WITH HIGHER TAXES THE FED TAX TAKE WAS $2.1 TRILLION THE FIRST 8 MONTHS THIS 2015 AND THE 2016 DEFICIT SHRUNK TO $365 BILLION–THE BIGGEST BURDEN ARE ENTITLEMENTS REACHING 51% OF THE BUDGET

http://www.heritage.org/federalbudget/where-did-your-tax-dollar-go

Inflation-adjusted federal tax revenues hit a record $2,103,987,000,000 for the first eight months of the fiscal year this May, but the federal government still ran a $365,156,000,000 deficit during that time, according to the latest Monthly Treasury Statement.

http://cnsnews.com/news/article/ali-meyer/21t-tax-revenue-fy15-hit-record-through-may-govt-runs-365b-deficit

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