The federal government collected $414.23 billion in revenue in April, the largest total ever for a single month, and also set a record for the most revenue collected in the first seven months of a fiscal year.
In fiscal 2014, which began on Oct. 1, federal revenue so far has totaled $1.735 trillion — yet the government still ran a deficit of $306.4 billion over the seven-month period, according to the Monthly Treasury Statement of Receipts and Outlays of the United States Government.
In April, the government usually sees peak tax revenues for the year due to the mid-month filing deadline for income tax returns. And although the government took in $414.23 billion last month, it spent $307.38 billion — meaning there was a surplus of more than $106.8 billion.
In fiscal 2013, the government also ran a surplus in April, but it returned to the red the following month, running a deficit of $138.7 billion in May.
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6 comments:
All time record.. of money being stolen for the Tax Payers by the Federal Government. This should alarm everyone as they brag about breaking records of money collected for you the tax payer.
Everyone in the US should have that surplus refunded back to them.
what is there to say except that the american populace is a weak pathetic excuse of humanity, whereas they should consider what is the point in living anymore...
I mean you all see what is happening, we TOLD YOU ALL IT WOULD HAPPEN... you all are living the what if's and could haves yet you REFUSE TO HELP, WHY?
Are you that fucking lazy? are you that fucking stupid? I mean its OK to be any of those, just give a damn reason as to why you run your mouth on blogs BUT NEVER, I SAID NEVER OFFER explanations or answers or ways to help or NOTHING... all you do is just run your mouth as if it will bring in a knight to save the day... WELL IT WON'T HAPPEN...
would it be a reason because the filing deadline is 04/15???
Being stolen from the taxpayers and given to the banks.They sit on record cash piles but cant lend due to stricter govt regulations.
great. then kerry has a source for his billions to fight terrorism... for other countries.
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