Fun Fact of the Day, August 6, 2018

August 6, 2018

INS, OUTS - After 9 months of fiscal year 2018 (i.e., the 9 months ending 6/30/18), the USA has collected $1 of tax receipts for every $1.24 of outlays, creating a deficit to date of $607 billion (source: Treasury Department).

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