Feds Collect Record Taxes Through April $2,007,451,000,000; Still Run $385.4B Deficit
WE HAVE GOT TO CUT GOVERNMENT SPENDING …
As reported at CNS News, the federal government collected a record $2,007,451,000,000 in total taxes through the first seven months of fiscal 2018; however, still managed to run a deficit for that period of $385,444,000,000. This country has got to get serious about its spending issues and prioritize them. The days of the welfare state are over. Serious consideration needs to be looked into Medicare and social security. However, for those who blame the Trump tax cuts, you would be wrong. In the month of April itself, the Treasury collected $510,440,000,000 in total taxes, while spending $296,192,000,000 thus, running a surplus for the month of April of $214,255,000,000.Wastful spending must be done away with and Republicans who spend like liberal Democrats must be removed from office.
The federal government collected a record $2,007,451,000,000 in total taxes through the first seven months of fiscal 2018 (October through April), but still ran a deficit for that period of $385,444,000,000, according to the Monthly Treasury Statement.
The record total federal taxes collected during this period also included a record $1,050,601,000,000 in individual income taxes—marking the earliest in any fiscal year that individual income taxes have topped $1 trillion.
But even while the Treasury was collecting its record $2,007,451,000,000 in total taxes from October through April, it was spending $2,392,896,000,000—thus, accumulating a deficit of $385,444,000,000.
April was best month in history for U.S. budget, according to CBO figures.
The federal government took in a record tax haul in April en route to its biggest-ever monthly budget surplus, the Congressional Budget Office said, as a surging economy left Americans with more money in their paychecks — and this more to pay to Uncle Sam.
All told the government collected $515 billion and spent $297 billion, for a total monthly surplus of $218 billion. That swamped the previous monthly record of $190 billion, set in 2001.
CBO analysts were surprised by the surplus, which was some $40 billion more than they’d guessed at less than a month ago.
Posted May 11, 2018 by Scared Monkeys CBO, Economy, Government, Nanny State - Big Government, Out of Control Spending, Wasteful Spending, Welfare State | one comment |
U.S Government Collects Record Taxes $443,715,000,000 Through November and Still Run $201.8B Deficit
HOW IS THIS FRIGGING POSSIBLE … WHEN ARE THESE DIRT BAG POLITICIANS GOING TO ADMIT WE HAVE A SPENDING PROBLEM?
CNS News is reporting that the federal government collected record total tax revenues of $443,715,000,000 in the first two months of fiscal 2018 and still ran a deficit of $201,761,000,000 for those same two months. WTF!!! How is this possible? What the hell does Washington DC expect from We the People? The answer can’t be let’s just tax the piss out of the people and business even more. The fact is that because the economy is booming, more and more revenues will be coming into the government and they will still be under water. This is a pox on all of your Houses, Democrat, Republican and so-called Independent socialists. Enough is enough!
How is it that private sector businesses are doing more without these days through innovation, yet the federal government just keeps growing and growing? Why is it that families in the United States have to make ends meet and do without when they can’t afford things? But not the out of control federal government. This cannot continue to happen. There have got to be spending cuts in government. Pensions for government employees, other than military need to go. Every department needs to but their budgets by 30%, except military. Honestly, how did we get to this? Sadly, there will never be any tough changes because of the nature of dirty opposition politics. Because neither party, nor both together, is willing to do the right thing for the country. It now seems that both parties just want to collect more and more monies and redistribute it to others and in the process continue this out of control spending. The government has got too big and it is time to regulate government, not business or We the People.
The federal government collected record total tax revenues of $443,715,000,000 in the first two months of fiscal 2018 (Oct. 1, 2017 through the end of November), according to the Monthly Treasury Statement.
Despite these record tax revenues, the federal government still ran a deficit of $201,761,000,000 for those same two months.
That is because the government spent $645,476,000,000 in October and November.
The $443,715,000,000 that the federal government collected in taxes in the first two months of this fiscal year was $12,873,120,000 more in constant 2018 dollars than it collected in the first two months of fiscal 2017 and $11,352,180,000 more than it collected in the first two months of fiscal 2016.
Prior to this year, the $432,362,820,000 in total taxes (in constant 2018 dollars) that the federal government collected in the first two months of fiscal 2016 was the greatest amount of taxes the federal government had ever collected in the first two months of a fiscal year.
Posted December 13, 2017 by Scared Monkeys Democrats, Entitlement Programs, Government, IRS, Nanny State - Big Government, Out of Control Spending, Republican, Tax & Spend Liberals, Taxes | one comment |
Liberal Democrat Rep. Rosa DeLauro to Give Tax Break for Voluntarily Turning in High-Powered Assault Rifles
What else would you expect from an idiot liberal Democrat … Libs continue their assault on the Second Amendment.
Liberal Connecticut Democrat Rep. Rosa DeLauro has introduced legislation that would pay gun owners with tax breaks for voluntarily turning in their assault rifles. What’s this, another cash for clunkers program? I can see it now, criminals handing over their old and out-dated assault rifles, getting tax payer dollars and going out and buying new and better assault weapons. Just another non-thought out, knew-jerk reaction by liberals to a terrible crime. DeLauro originally introduced the bill in 2013 following the mass shooting at Sandy Hook Elementary School in Newtown, CT in December 2012. The legislation failed, but it looks like she is bringing it back again. However, this bill would most likely just fund criminals with better weapons on the tax payer’s dime. Brilliant.
Rosa Delaura made the following comment, spoken like a typical liberal, who has never used a gun and has no respect for the Second Amendment, “Assault weapons are not about hunting, or even self-defense,” DeLauro said. “There is no reason on earth, other than to kill as many people as possible in as short a time as possible, that anyone needs a gun designed for a battlefield.”
Gun owners would receive tax breaks for voluntarily turning in high-powered assault rifles under new legislation proposed Monday.
The Support Assault Firearm Elimination and Education of our (SAFER) Streets Act expected to be reintroduced next week by Rep. Rosa DeLauro (D-Conn.) would provide gun owners with an incentive to turn in their firearms to local police departments.
“Assault weapons are not about hunting, or even self-defense,” DeLauro said. “There is no reason on earth, other than to kill as many people as possible in as short a time as possible, that anyone needs a gun designed for a battlefield.”
Though DeLauro is in favor of stronger guns laws that would completely ban assault weapons and high-capacity ammunition, she emphasized this bill would not force gun owners to turn in their firearms.
The legislation would provide up to $2,000 in tax credits for gun owners who voluntarily hand over assault weapons to their local police departments.
Insatpundit has a better idea, pay welfare recipients $2000 to be sterilized instead and word the legislation identically like this cash for guns bill.
Posted April 7, 2015 by Scared Monkeys 2nd Amendment, Assault Weapons Ban, Democrats, Government, Gun Control, Liberal Intolerance, Liberals, Nanny State - Big Government, Over-Regulation, Progressives, US Constitution | 2 comments |
Gallup Poll: Americans Continue to Name Government as the Biggest Problem Facing the United States
AMERICANS NAME GOVERNMENT THE #1 PROBLEM FACING THE UNITED STATES …
Americans are fed up with the increasing and oppressive government. In a recent Gallup poll, Americans named the government as the biggest problem facing the United States. For the past 4 months, the government has been named the biggest problem facing “We the People”. They are correct. Even with such issues as terrorism, healthcare, race relations and immigration are extremely important problems facing Americans, the government, the economy and unemployment have been at the top of the list for the past year. In the end, it is our lawless government that refuses to follow the US Constitution, our government that fails to adequately deal with border security, our government that makes the Middle East worse, our government that continually regulates us in a way that our Founding Fathers never intended and our government that spies on us and treats law-abiding, legal US citizens as a greater threat than terrorists.
Americans have grown weary of a government that could care less about the people and only about their power. Every day we are witness to a Democrat president who shreds the Constitution and a gutless Republican Congress who is too cowardice to defend it.
The government is America’s most important problem, according to a new poll.
In a Gallup poll released Thursday, 18 percent of Americans named government as the biggest problem facing the U.S.
The economy trailed closely behind as an important problem with 11 percent, followed by “unemployment/jobs” at 10 percent.
The poll shows a slight increase in those who are dissatisfied with government. In February, 17 percent answered that the government is the most important problem. Americans also seem to be optimistic about the economy. Last month, 16 percent of Americans said that the economy was the most important problem — nearly tying with government. That figure is now down 5 percentage points.
Major survey finds record low confidence in government.
Americans’ confidence in all three branches of government is at or near record lows, according to a major survey that has measured attitudes on the subject for 40 years.
The 2014 General Social Survey finds only 23 percent of Americans have a great deal of confidence in the Supreme Court, 11 percent in the executive branch and 5 percent in Congress. By contrast, half have a great deal of confidence in the military.
As Ronald Reagen profoundly stated so many years ago, “Government is not the solution to our problems, government is the problem.”
Ronald Reagan also said so many years ago, “We are a nation that has a government. Our government has no power except for that granted by the people. It is time to check and reverse the growth of government, which shows signs of having grown beyond the consent of the governed.” WAKE UP AMERICA!!!
WHAT HAPPENED TO SEPARATION OF CHURCH AND STATE … HHS Pushes Church Talking Points For Bulletin Announcement to Promote Obamacare
IT WOULD APPEAR SEPARATION OF CHURCH AND STATE DOES NOT APPLY TO FEDERALLY MANDATED OBAMACARE.
Just what one wants to listen to when they head off to church on a Sunday morning, an Obamacare sermon. That is possible, in an effort to sign up as many individuals as possible to Obamacare, the Obama administration has gone to incredible, extraordinary lengths to partner with churches and faith-based groups, to even publishing sample church bulletin inserts, flyers, and Obamacre “talking points.” This brought to you by the same people that rail against religion, the Christian religion that is, that might have the slightest inclusion within government. When it is about 10 Commandments in a Court House … that is Seperation of Church and State. But of course it is perfectly okay to promote a federal government mandated law in Church, complete with talking points.
Isn’t this the same crew that is currently suing the Little Sisters of the Poor, trying to force Obamacare on nuns?
In an effort to sign up as many consumers as possible for insurance under the Affordable Care Act (or Obamacare), the Obama administration has gone to extraordinary lengths to partner with churches and other faith-based groups, even publishing sample church bulletin inserts, flyers, and scripts for announcements, as well as “talking points.” These materials are part of the “Second Sunday & Faith Weekend of Action Toolkit,” which is available on the website of the Department of Health and Human Services (HHS).
From the beginning, HHS has sought to develop partnerships with faith-based organizations to promote the Obamacare. This “toolkit” has been available since 2013. However, the details of these partnerships have largely escaped the attention of the national media. The Second Sunday & Faith Weekend of Action program encourages churches to use the second Sunday of each month during open enrollment to hold informational meetings and sign-up events. The sample bulletin insert appears as follows:
The materials also include two full pages of “talking points,” which end with an admonition to churches that “[y]ou are trusted messengers in this community. We hope you share this information with those around you so they can be connected with the care they need.”
Posted February 16, 2015 by Scared Monkeys Abuse of Power, Barack Obama, Government, Healthcare.gov, Misleader, Nanny State - Big Government, Obamacare, Religion, Socialist in Chief, Tyranny, Welfare State, WTF | 2 comments |