IRS Collected a Record $1.91 Trillion in Taxes, but Still Runs a Deficit
Even more of your unspent-but-hard-earned money is being wasted, yay! Photo by BrookingsInst
Continue Reading
Even more of your unspent-but-hard-earned money is being wasted, yay! Photo by BrookingsInst
Continue Reading
Only in America can this happen. Seriously?!
Continue Reading
How is this possible? You collect over $2 trillion in taxes, but have a budget deficit of $529 billion?!
Continue Reading
The CBO isn’t one to lie about it, as they’re a non-partisan budget office, so this is bad news: The deficit is estimated to more than double in 10 years, which is projected to push debt held by the public up to 77 percent as a percentage of Gross Domestic Product (GDP), according to Congressional […]
Continue Reading
So much for standing firm on cutting government spending via sequestration, GOP.
Continue Reading
This morning, the Washington Post home page had a link to this article, “Biggest cuts in U.S. history? Well, no.” The article fact checks President Obama’s and Speaker Boehner’s claim that the recent budget deal was “the largest annual spending cut in our history” (in President Obama’s words). Reporter Glenn Kessler points out in the […]
Continue Reading5/12/2016 - IRS Collected a Record $1.91 Trillion in Taxes, but Still Runs a Deficit
1/14/2016 - U.S. Gov’t Collects Record-High Tax Revenues but Still Runs a Deficit
9/12/2015 - U.S. Gov’t Collected $2.88 Trillion in Taxes, But Has $529 Billion Deficit
8/27/2015 - CBO says Deficit, Public Debt will Double the Next 10 Years
4/20/2015 - GOP could end Sequestration and Increase Spending
4/13/2011 - Props to the Washington Post…Seriously