In opposition to the GOP tax plan, the Democrats spoke more doom and gloom, warning us that this would “bankrupt” the federal government and throw us into an even bigger deficit.
Well, as usual, they couldn’t be more wrong!
According to CNS News, the Federal Government actually ran a SURPLUS after 1-full month of Trump’s tax plan being put into affect! Not only that, but the Government also collected record taxes at the same time. Needless to say, Democrats are perplexed by these outstanding results.
Here’s more from the CNS Report:
(CNSNews.com) – The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today.
January was the first month under the new tax law that President Donald Trump signed in December.
During January, the Treasury collected approximately $361,038,000,000 in total tax revenues and spent a total of approximately $311,802,000,000 to run a surplus of approximately $49,236,000,000.
Some might say “you can’t have your cake and eat it too”, but President Trump is proving that to be false! Americans are saving tons of money on their taxes AND the Federal government is getting out of the huge hole that Obama dug us into!
Here’s how Twitter reacted:
Here’s a story Lester Holt, CNN, MSNBC will bury and not report – Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January: https://t.co/HVntVWhe0L
— MARK SIMONE (@MarkSimoneNY) February 14, 2018
Financial Armageddon Ms Pelosi?
$49,236,000,000 surplus for the month of January is Financial Armageddon Mam
BRING IT ON!!
— Charlie Daniels (@CharlieDaniels) February 13, 2018
Donald Trump is getting the U.S. economy back to basics and the result was a remarkable budget SURPLUS of nearly $50 billion dollars last month. The Establishment Media is largely ignoring this remarkable turn of events. https://t.co/o985GYm4HJ
— Bill Mitchell (@mitchellvii) February 13, 2018
USA GOVT Making $$$ Again
$49 billion Surplus in the 1st month of Trump Tax Cuts. The govt. collected $361 billion, and spent $312 billion. I thought I’d never hear the word surplus again.#TrumpSurplus#TrumpTaxCutshttps://t.co/WWEeDKEDoN
— Scotty the Brain (@ScottyBrain) February 14, 2018
Are you telling anyone about this story? Federal Reserve just announced record tax collections in first month under Tax Cut & Run an unheard of Surplus in January all while the Left complained that the new tax law would bring record shortfalls.
— Jeannie Prather (@realjeanniep) February 14, 2018
Federal government surplus for January 2018? … I guess someone is doing a good job…Bad news for the fake media, dems and the haters. pic.twitter.com/lhibLSwNkp
— Luis E. Woolley (@Scaramangha) February 14, 2018
Trump is truly making America RICH again, as he promised. Funny enough, this is no surprise at all to his loyal supporters.
Comment below with your reaction…