Published by American Thinker
By Monica Showalter
The stock market has been heaving out of fear of higher deficits as a result of the vast tax cut law signed by President Trump and of course the left is angry about tax cuts just on principle, and both have forecast lower federal revenues as a result of the change. But, well, now we have headlines like these:
The Treasury brought in approximately $361 billion in total tax revenue for the month of January and managed to only spend roughly $311.8 billion. This means it ran a surplus of over $49.2 billion.
See the full story here.
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