$2.1T: Tax Revenue for FY15 Hit Record Through May; Gov't Runs $365B Deficit

 "Although the federal government brought in a record of approximately $2,103,987,000,000 in revenue in the first eight months of fiscal 2015, according to the Treasury, it also spent approximately $2,469,144,000,000, leaving a deficit of approximately $365,156,000,000. "

[CNS]

In simple terms (for those rare readers of this screed who have little numeracy), the guvmint received a paycheck of #2.1 TRILLION from the American people, but it spent $2.5 TRILLION.   In other words they spent $365 BILLION more than they earned !     [clipper]