$1.248 Trillion: Government Collects Record-High Taxes in First Five Months of FY 2016

Townhall.com Staff
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Posted: Mar 10, 2016 3:28 PM
Inflation-adjusted federal tax revenues hit a record $1.248 trillion for the first five months of fiscal year 2016, but the federal government still ran a $353 billion deficit during that time, according to the latest monthly Treasury Department statement.