Federal Taxes Hit New Record through August

They’ve done it yet again. Making more money than ever before, our government can still spend like a pro.

The federal government’s tax income has gone up more than 7% this fiscal year compared to 2014. They’ve brought in $2,883,250,000,000 in the first 11 months. That’s over $19,000 per worker employed full-time or part-time.

But here’s the kicker:

Despite the record tax revenues of $2,883,250,000,000 in the first eleven months of this fiscal year, the government spent $3,413,210,000,000 in those eleven months, and, thus, ran up a deficit of $529,960,000,000 during the period.

And our children are another $530 billion in debt. Thanks, federal “leaders.”

At least they’re consistent.