The liberal predictions of “doom and gloom” and “death and destruction” continued to crash and burn this week, with the Treasury Department confirming the US government saw record surpluses in the first full month under the recently passed GOP tax cuts.
According the official report, the federal government collected roughly $361 billion in tax revenue this January but spent only $312 billion; posting a budget surplus of approximately $49 billion.
The strong economic data matches similar upticks in other indicators, signaling the US recovery continues to soar under President Donald Trump and the GOP-controlled Congress.
Earlier this year, dozens of massive American corporations -such as AT&T, Walmart, Disney, Starbucks, American Airlines, UPS, Home Depot, and others- raised wages and paid out big bonuses after President Trump signed the sweeping tax reform into law.
The news comes as leading Democrats continue to trash the GOP tax cuts.
This week, House Minority Leader Nancy Pelosi blasted the GOP legislation, saying “we must continue showing the public how unfair the GOP Tax Scam is to the middle class and halt the GOP assault on the Affordable Care Act.”