Fed Spends 8X What it Takes In in March

What would happen if you spent eight times more than what you brought in every month? You would be a slave to your creditors or on your way to bankruptcy. Well when Congress does that, they turn all Americans into slaves. Who do you think pays the bill with higher taxes?

From CNS News:

The U.S. Treasury has released a final statement for the month of March that demonstrates that financial madness has gripped the federal government.

During the month, according to the Treasury, the federal government grossed $194 billion in tax revenue and paid out $65.898 billion in tax refunds (including $62.011 to individuals and $3.887 to businesses) thus netting $128.179 billion in tax revenue for March.

At the same time, the Treasury paid out a total of $1.1187 trillion. When the $65.898 billion in tax refunds is deducted from that, the Treasury paid a net of $1.0528 trillion in federal expenses for March.