The Elder Statement : 855

Showing posts with label 855. Show all posts

Saturday, April 15, 2017

Feds Collect Record Income and Payroll Taxes Through March--Still Run $526,855,000,000 Deficit

By CNS News, April 14, 2017

(CNSNews.com) - The federal government collected record amounts of both individual income taxes and payroll taxes through the first six months of fiscal 2017 (Oct. 1, 2016 through the end of March), according to the Monthly Treasury Statement.

Through March, the federal government collected approximately $695,391,000,000 in individual income taxes. That is about $7,387,280,000 more than the $688,003,720,000 in individual income taxes (in constant 2017 dollars) that the federal government collected in the first six months of fiscal 2016.

Read More: http://www.cnsnews.com

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Saturday, September 26, 2015

Debt Up $3,968,445,855,460.28 Under Boehner’s Spending Deals; $26,627.43 Per Worker

elderstatement.com September 26, 2015 445 , 460.28 Under Boehner’s Spending Deals; $26 0 Comments

By Terence P. Jeffrey, Sep 12, 2015 CNS News

(CNSNews.com) - Under the spending deals cut by House Speaker John Boehner (R.-Ohio), the federal government’s debt has climbed $3,968,445,855,460.28, according to debt numbers published by the U.S. Treasury.

That works out to an increase in the debt of $26,627.43 per each of the 149,036,000 people who, according to the Bureau of Labor Statistics, had a full- or part-time job in the United States as of August 2015.

When the first spending deal made by Speaker Boehner took effect on March 4, 2011, the total federal debt was $95,162.43 per the 149,036,000 workers who had jobs as of this August. It now equals $121,789.86 for each of those workers.

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