$404,155,000,000: Taxes Set Record in First 2 Months of FY15--Deficit Still $179BBy Terence P. JeffreyCNS News Dec. 11, 2014 |
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(CNSNews.com) - The U.S. Treasury continued to rake in tax dollars at a record rate in November as the federal government closed out the first two months of fiscal 2015 with $404,155,000,000 in total receipts, according to the Monthly Treasury Statement released today. In constant 2014 dollars, this is the first time federal revenues have topped $400 billion in the first two months of the fiscal year. Even with these record revenues, the Treasury ran a deficit of $178.531 billion deficit in October and November as it spent $582.686 billion. Read More |