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Federal Receipts Down 14% From Last Year

April 24th, 2009 · No Comments

Bizzy Blog, The Business End of the Blogosphere, reports,

Through March, federal receipts were running 14% behind the previous year. Each month during the fiscal year has trailed the previous year, and degree of the difference has steadily increased.

Now look at what we’re facing in April:

More motivation for President Obama, Treasury Secretary Geithner and IRS Commissioner Doug Shulman to intensify IRS collection efforts over the next few years.

We previously wrote about this here, here and here.

(Thanks to Glenn Reynolds of Instapundit for alerting me to this one.)

Tags: News · Tax Collections

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