Feds Take Record Taxes; Still Run Deficit of $156,939,000,000

by
February 13, 2017

Taxes ChartThe U.S. Treasury hauled in a record of approximately $1,084,840,000,000 in tax revenues in the first four months of fiscal 2017 (Oct. 1, 2016 through Jan. 31, 2017), according to the Monthly Treasury Statement released today.

That is up about $5,616,000,000 in constant 2016 dollars from the approximately $1,079,224,000,000 in constant 2016 dollars that the Treasury collected in the first four months of fiscal 2016.

Tax revenues from previous years, as reported in the Monthly Treasury Statement for January of each year, were adjusted to 2016 dollars using the Bureau of Labor Statistics Inflation Calculator.

Despite collecting a record $1,084,840,000,000 in tax revenues in the first four months of this fiscal year, the federal government turned around and spent $1,241,780,000,000 in those same four months—and ended up running a deficit of $156,939,000,000.

In January alone, the Treasury collected approximately $344,069,000,000 in tax revenues.

56 Comments - what are your thoughts?

  • Pete Bundy says:

    Give me a list of where the money is spent, a black Sharpie and 48 hours and I will have us on the black

  • Richard Bagenstose says:

    and oboma made sure he gave enough of it away before he left,

  • Luke says:

    Cut everything off that is not a requirement of gov’t, like the UN and every liberal crappy thing they sponsored to steal tax payer money..

  • John Lock says:

    Just close down 50% of the Federal agencies that are duplicated in the States. Then keep closing more until only Article I section enumerated powers without the usurped power of clauses and changing the meaning of words. https://uploads.disquscdn.com/images/0853cde682b7e46ba7bd4256934e9c7c81173ac5e06c4fb04e172a3e33bd36c6.jpg

  • justinwachin says:

    Our taxes are high enough. It’s time for Team Trump to begin cutting expenditures. Now would be a good time to reduce the size of government. America can get its financial house in order if the government reduces its spending.

  • Webb says:

    Taxed Enough Already…
    ☆☆☆

  • Tiger says:

    Look at the money O gave to the UN, our enemies and the illegals along with refugees. Billions.

    1. Ruthdhardy says:

      Google is paying 97$ per hour! Work for few hours & have longer with friends and family! !dc30c:
      On tuesday I got a great new Land Rover Range Rover from having earned $8752 this last four weeks.. Its the most-financialy rewarding I’ve had.. It sounds unbelievable but you wont forgive yourself if you don’t check it
      !dc30c:
      ➽➽
      ➽➽;➽➽ http://GoogleFinancialCashJobs320WebNationalGetPaid$97/Hour ★★★✫★★★✫★★★✫★★★✫★★★✫★★★✫★★★✫★★★✫★★★✫★★★✫★★★✫★★★✫★★★✫::::::!dc30c:….,……

    2. gvette says:

      Former President Obama is not only leaving the U.S. government with a health care mess, but he leaves the country in deeper debt that when he took office eight years ago. According to data release by the U.S. Treasury, the outstanding national debt is now totaled at $19,944 trillion, which is an increase of $9.318 trillion.

      “According to the Bureau of Labor Statistics, there were 124,248,000 people in the United States with full-time jobs in December. The total federal debt of $19,961,467,137,973 equals approximately $160,658 for each one of those workers. The $9,334,590,089,060.56 that the debt has increased under Obama equals $75,128.69 for each one of those works,” writes CNS News.

      To put this in a simpler perspective, the debt increased by 86%.

      So how did this happen?

      Medicare/Medicaid was the most expensive culprit and added $1.1 trillion to the national debt, then Social Security cost $900 billion. While, only $595 billion was spent on defense and war.

      Not to mention, the increase in regulations were extremely expensive and only halted economic growth.

      “The Obama administration put out 3,069 regulations, adding nearly $900 billion in costs to the economy. Obama’s main focuses were fighting global warming and immigration. Obama’s rules added nearly 572,000 pages to the Federal Register, including a whopping 97,110 pages in 2016 alone — an all-time record,” writes The Daily Caller.

      Obama’s predecessor, former President George W. Bush left office with an additional $4.9 trillion after his eight years, from the $5.7 trillion he inherited from Bill Clinton. This is half of the debt acquired at the end of Obama’s term.

      Many of those in favor of economic growth voted for President Trump. In David Horowitz’ recent book, “The Big Agenda: President Trump’s Plan to Save America,” he discusses the new president’s 100-day strategy which will boost the U.S. economy.

      “If you just say, ‘well we’re for free trade and we’re not going to look at the deals that we make’ — that’s not a good idea,” said Horowitz. “We’ve had an anti-business president now for eight years who doesn’t take a hard-nosed attitude towards these deals. Trump is going to get better deals for us, which is still free trade.”

      Change was definitely needed because if we were to have continued on the path Obama was on, the debt would have only increased.

      “Absent policy changes, the federal government’s fiscal path is unsustainable and that the debt-to-GDP ratio would surpass its historical high of 106 percent within 15 to 25 years,” according to the Government Accountability Office.

      1. Tiger says:

        Sigh great stuff. You are informed and if only all in this country were.

        1. gvette says:

          I try. LOL…I love posting this stuff on liberal site!!

          1. Tiger says:

            Me also but it goes over their head.

          2. gvette says:

            Sometimes yes, other times they try to fight me, but they can’t come up with anything. Gotta love it!

          3. Tiger says:

            It is the same song and dance with them. I can’t be civil. They annoy me to a dangerous state if they were standing in front of me. I carry a big stick and sure might use it.

          4. Tiger says:

            Not surprised and great stuff and today we see Trump is investigating all the infrastructure and they are screaming but he is going to get these roaches into the light, he will then persecute them to the extent of the law.

            What floored me was the admission on the news yesterday that O has a network of 30,000 people and 35 offices across America for the sole purpose of “Stopping Trump”, unheard of in our history.

            My guess sooner or later O, Soros and Hillary going down.

            I will share this article and not a peed about it on the new today.

          5. gvette says:

            There never will be. Now I guess it did catch the eye of the head of the FBI though. Barry could be biting off more then he can chew. He’s no longer the leader. He’s just a ghetto rat now, without any real power, or protection.

          6. Tiger says:

            Really caught the eye of the FBI? Wow. Someone also put up his site on Facebook and Twitter interesting stuff.

          7. dmttbt says:

            What is the security act of 2006. If that means year 2006 and it was something that called on action by the government you can forget about that.
            I also want to comment on the now infamous email scandal. Those are emails that Hillary sent and was subpoenaed to turn over to the congress of the united states. She deleted 52% and told them those were personal and she handed over the rest a dribble at a time. Hillary was on that illegal server because the tax payers paid the bills for its installation and existence. She was required to have it a the state department. She was paid the whole time by the tax payers and what she produced is a property of the tax payers. How could this be hard to understand?
            I WANT TO KNOW WHEN SHE WILL BE ARRESTED. THAT IS WHY WE HAVE THESE HIGH SOCIETY CRIMINALS. THEY GET TO JUST KEEP ON GOING.

          8. gvette says:

            If you would look, that was the bill for the southern wall to be built. So, the money was there for it!
            As for Killary. That’s still going on. I know believe Obarry will be next!

          9. gvette says:

            Did you get the article where Trump just kicked the skids out from under Obama’s retirement plan?

          10. Tiger says:

            NOOOOOO really???????????????? Can you send it to me. Here is one for you, O’s people took Flynn out and they are Deep State also. Trump is going to try and break this wide open. Kennedy tried and was assassinated.

            http://freebeacon.com/national-security/former-obama-officials-loyalists-waged-campaign-oust-flynn/?utm_source=Freedom+Mail&utm_campaign=d5949a659c-EMAIL_CAMPAIGN_2017_02_14&utm_medium=email&utm_term=0_b5e6e0e9ea-d5949a659c-45982717

          11. gvette says:

            I delete things to fast. I went back to retrieve it, and I must have done a good job. If I can find, I’ll share it!

          12. Tiger says:

            Thank you, I tried looking them up. I did find where O gave himself a huge raise before leaving.

          13. Tiger says:

            Thank you.

          14. Tiger says:

            Wow if this is true it needs to be out there all over America.

          15. gvette says:

            I’m wondering where else to, to check it! Trump has a sense of humor.

          16. Tiger says:

            Trump has a great site. Many of us send him messages telling him what is going on on the net and we told him time to come to the people again. He is coming Saturday to Florida for a rally. We sure are happy. I will get you the site.

          17. Tiger says:

            Hi there Gvette. Read it but you know what will happen, Main Media will put this up and say: “See we told you Russia loves Trump, here is proof, calling us liars to get the heat off Trump.” Wait and see.

            Trump is alone in this battle for now. He and his Team.

            Cute cartoon click on this.

            https://patriotpost.us/cartoons/24472

          18. gvette says:

            That’s funny. We know it’s true, but the left still think they are on top. Then again, we know they lost!!

          19. Tiger says:

            I thought that cartoon hysterical. They are going greater guns today. Now congress put off the confirmation of Trump’s EPA guy, McConnel said it was just a way to give their protestors time to get together and do their thing.

          20. Tiger says:

            Yes and also Hannity had X CIA and others who said clearly that O was the cause of this “War from Within” and that Trump smart to go after those who leak and prosecute them to the full extent. Also that when found, interrogated until he sings like a canary and then let the American people, finally understand who has really been running our government all these years.

          21. gvette says:

            That was interesting, and telling. I noticed it didn’t come from a “main stream source”. I find there you have to rely on these places to print the truth, which people like Bob what’s his face, doesn’t like! Thank you.

          22. Tiger says:

            Welcome but Hannity and Rush spoke of this yesterday and had X specialist confirm it. It is becoming common knowledge at least on Conservative radio and net.

          23. Tiger says:

            Yes I knew this long ago. Too bad that most people don’t know anything about these rats.

          24. Tiger says:

            Here is the place to send any news you have. I tell them the European sites where Blitzes against Trump going on and I send them the Israeli sites talking smack on Trump. His teams listen just like they did in the elections.

            https://www.whitehouse.gov/contact#page

          25. Tiger says:

            Wow I wouldn’t doubt anything O did and what Trump has found.

          26. dmttbt says:

            I can’t believe why the riots are against Trump when it is obama who is screwing everybody. Not much coverage on all the people obama released from GITMO, or on the release of the traitor that caused deaths when he joined the enemy for five years and was swapped for five GITMO prisoners. He spoke the language of our enemy and so did his father.

          27. Tiger says:

            O could do no wrong and that is all he did was wrong. Hillary no different.

            Just evil plain and simple having a grip on our country.

          28. Bob says:

            Only goes over their heads because their heads are in the sand and they refuse to see it.

          29. Tiger says:

            What I get from seeing so many like them for years now, there will be no unification among us. The sane and rational cannot co-exist peacefully with the insane and irrational.

          30. Bob says:

            It’s such a shame they are so filled with hate and disbelief that so many in America disavow their agenda. They will continue to spew forth hate and discontent until they can “be free of” President Trump. BTW – Want to really set them off? Just say “President Trump” and watch their heads explode. (great party game)

          31. Tiger says:

            LOLOLOL Amen

      2. dmttbt says:

        HOW COULD WE BE IN THE HOLE THAT MUCH MONEY? DID WE SEND THE WRONG PEOPLE TO THE MARKET AGAIN? DO THEY KNOW HOW TO ADD AND SUBTRACT?

        1. gvette says:

          It came from Government Accountability Office. Why don’t you ask them. I was just posting facts!

          1. dmttbt says:

            Thank you. I appreciate it. Not all of us are as sophisticated as you and would know the meaning or intent of gao 2006. The money crying is BS. They have to keep coming up with excuses. They have been printing the signs in Federal bldgs. in spanish for many years now. The spanish population in this country has reached numbers we would have never believed possible.

          2. gvette says:

            It wasn’t 2006. It was when Barry was heading out of office. I get a kick out of your sarcasm. I’m not sophisticated, or do I pretend to be. I just know that your favorite nigger tried hard to destroy our country. By the looks, he’s still trying!

    3. dmttbt says:

      WHEN I ASKED YOU ABOUT SECURITY 2006 YOU SAID LOOK IT UP THAT YOU JUST PRINT THE FACTS. nO YOU DID NOT IN THAT CASE, YOU JUST MENTIONED THE NAME OF IT WITHOUT ANY INDICATION OF WHAT IT SAYS. iF YOU ALREADY KNOW WHY WOULD I NEED TO LOOK IT UP? IF YOU ARE GOING TO SAY SOMETHING, SAY IT.

      1. Tiger says:

        HEY LIBERAL NUTBAG BACK AT YA

  • Askjrsk says:

    Obama sure knew how to spend our money. Wreckless like those that blacks that go from the street to huge professional salaries and end up bankrupt, About time for an American businessman to run the buisness of America.. GO PRESIDENT DONALD TRUMP!

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