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Uncle Sam Brought Home The Bacon Last Month. But There’s A Catch.

by Jack McGeever at CDN

The federal government collected $334 billion in revenues in July while burning through $766 billion, according to Treasury Department figures released Wednesday. The large single-month gap left the government facing a $432 billion budget deficit as soaring entitlement outlays and record interest payments continued to outpace federal tax collections. The mounting monthly shortfall follows a growing trend …

Click to read the rest HERE-> Uncle Sam Brought Home The Bacon Last Month. But There’s A Catch. first posted at Conservative Daily News

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