(CNSNews.com) – Inflation-adjusted federal tax revenues hit an all-time record of $1,428,710,000,000 from the beginning of the fiscal year on Oct. 1 through April 15, the deadline for filing federal tax returns for 2013, according to the Daily Treasury Statement.
And we spent how much last year? Oh, that’s right: $3,454,000,000,000.
How long would your household go on, if it were spending about 2 1/2 times as much as it was taking in?
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