{"id":264335,"date":"2018-02-13T14:39:00","date_gmt":"2018-02-13T19:39:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=264335"},"modified":"2018-02-14T15:53:46","modified_gmt":"2018-02-14T20:53:46","slug":"government-runs-surplus-in-january","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/02\/13\/government-runs-surplus-in-january\/","title":{"rendered":"Feds Collect Record Revenue After Tax Cut"},"content":{"rendered":"

RUSH: “Feds Collect Record Taxes in First Month Under Tax Cuts.<\/a>” When I saw this, I wondered how many people are gonna say, “Rush was right.” I wonder how many people are gonna say, “Rush told us this was gonna happen.” I wonder how many people are gonna remember for the last 30 years, “Yep. This is exactly what works every time it\u2019s tried. Rush told us.” Quote:<\/p>\n

\"\"<\/p>\n

“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 [Monday]. January was the first month under the new tax law that President Donald Trump signed in December. During January, the Treasury collected approximately [Are you ready for this?] a$361,038,000,000 in total tax revenues…” So let\u2019s round it off: $361 billion. They spent $312 billion. They ran a surplus of $49 billion, in the first month!<\/p>\n

There\u2019s already more revenue coming into the Treasury than anybody at the CBO or the Democrat Party or any K Street think tank projected. All they talked about was deficits. All they said was the Trump tax cut\u2019s gonna blow the budget sky-high and create massive deficits. In one month! “Despite the monthly surplus of $49,236,000,000, the federal government is still running a deficit of approximately $175,718,000,000 for fiscal year 2018.” Okay. Fine. But since when did we have even a monthly surplus with Obama — or, as the British say, “Obamber.”<\/p>\n

Ever notice that? With the Brits, there\u2019s always an R at the end of his name. Obamber. I don\u2019t know. I can\u2019t quite imitate it. You pay attention, you\u2019ll see it. So, my friends, “[t]he $361,038,000,000 in total taxes the Treasury collected this January was $11,747,870,000 more than the $349,290,130,000 that the Treasury collected in January of last year… So far in fiscal 2018, the federal government has collected a record [Are you ready for this?] $1,130,550,000,000 in total taxes.” That\u2019s since October 1st, a record amount of revenue. But in January, a surplus.<\/p>\n

\"\"They collected more than they spent, and in January\u2019s when the tax cuts hit. Now, there\u2019s some tweets from the AP. Trump presented his budget yesterday. Here\u2019s AP\u2019s tweet. Breaking news! Breaking news! “President Trump Sends Congress $4.4 trillion Spending Plan That Features Soaring Deficits.<\/a>” Here is AP two years ago, when Obama presented his last budget, February 9th, 2016: Breaking news! Breaking news! “Obama Sends Record $4.1 Trillion Spending Plan to Congress to Combat Terror Threats and Global Warming.”<\/p>\n

So when they report Obama\u2019s $4.1 trillion budget, they highlight all the things that Obama\u2019s gonna fix. He\u2019s gonna end terrorism — he didn\u2019t, did he? — and global warming. With Trump, “Sends Congress $4.4 trillion spending plan that features soaring deficits.”<\/p>\n

And let\u2019s go back one more year. Obama\u2019s budget presented February 2nd, 2015. The AP tweet: “Breaking news. Obama sends $4 trillion spending plan to Congress, pledging help for the middle class.” These people, folks, I tell you are just incorrigible.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: I wonder how many people are gonna say, "Rush told us this was gonna happen."<\/p>\n","protected":false},"author":49,"featured_media":264405,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[12,1],"tags":[],"yoast_head":"\nFeds Collect Record Revenue After Tax Cut - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2018\/02\/13\/government-runs-surplus-in-january\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Feds Collect Record Revenue After Tax Cut - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: I wonder how many people are gonna say, "Rush told us this was gonna happen."\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/02\/APP-021318-See-I-told-You-So-AAA.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"George Prayias\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2018\/02\/13\/government-runs-surplus-in-january\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/02\/APP-021318-See-I-told-You-So-AAA.jpg\",\"contentUrl\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/02\/APP-021318-See-I-told-You-So-AAA.jpg\",\"width\":640,\"height\":360},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2018\/02\/13\/government-runs-surplus-in-january\/#webpage\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2018\/02\/13\/government-runs-surplus-in-january\/\",\"name\":\"Feds Collect Record Revenue After Tax Cut - 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