Thanks, Obama.
Via CNS News:
(CNSNews.com) – The federal government has started fiscal 2015 by setting yet another record for inflation-adjusted tax revenue, while running a monthly deficit of $121.7 billion, which works out to $1050.78 in deficit spending per household in the United States.
For each $1.00 the Treasury brought in during October as it set the new record for taxes collection for that month, the federal government spent $1.57.
This continues a trend seen through fiscal 2014, which ended on Sept. 30, when the federal government took in a record $3,020,809,000,000 in revenue but still ran a deficit of $483,336,000,000.