$1,923,752,000,000: Federal Spending Sets Record Through January
(CNSNews.com) – The federal government spent a record $1,923,752,000,000 in the first four months of fiscal 2021 (October through January), according to the Monthly Treasury Statement. At the same time, the government collected $1,188,021,000,000 in total tax revenues—resulting in a record October-through-January deficit of $735,732,000. Unlike federal spending, federal tax collections were not a record for … Read more