Rush Limbaugh

For a better experience,
download and use our app!

The Rush Limbaugh Show Main Menu

RUSH: “Feds Collect Record Taxes in First Month Under Tax Cuts.” 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’s tried. Rush told us.” Quote:

“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’s round it off: $361 billion. They spent $312 billion. They ran a surplus of $49 billion, in the first month!

There’s 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’s 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.”

Ever notice that? With the Brits, there’s always an R at the end of his name. Obamber. I don’t know. I can’t quite imitate it. You pay attention, you’ll 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’s since October 1st, a record amount of revenue. But in January, a surplus.

They collected more than they spent, and in January’s when the tax cuts hit. Now, there’s some tweets from the AP. Trump presented his budget yesterday. Here’s AP’s tweet. Breaking news! Breaking news! “President Trump Sends Congress $4.4 trillion Spending Plan That Features Soaring Deficits.” 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.”

So when they report Obama’s $4.1 trillion budget, they highlight all the things that Obama’s gonna fix. He’s gonna end terrorism — he didn’t, did he? — and global warming. With Trump, “Sends Congress $4.4 trillion spending plan that features soaring deficits.”

And let’s go back one more year. Obama’s 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.

Pin It on Pinterest

Share This