Government Shut Down, But Tax Collections Up

In the first nine days of October, while the federal government was in what is commonly being called a shutdown, federal tax collections went up.

Last year, from Oct. 1 through Oct. 9, 2012, according to the Daily Treasury Statement, the federal government collected $55.235 billion in total tax revenues. This year, from Oct. 1 through Oct. 9, 2013, according to the Daily Treasury Statement, the federal government collected $56.188 billion in total tax revenues.

During nine days of a shutdown this year, the federal government collected $953 million more in taxes than it did in the same nine calendar days last year--when it was open for business.

Clearly, being shutdown does not mean the government is shut out of the taxpayers’ pocketbook.

Via: CNS News

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Gallup: Obama's Job Approval Drops 7 Points in 3 Days

President Barack Obama in Nashua, New Hampshire, on Oct. 27, 2012. (AP Photo/Jacquelyn Martin)

(CNSNews.com) - In the most precipitous decline it has seen in more than a year, President Barack Obama's job approval rating has dropped 7 points in three days,according to Gallup.

In the three-day period ending on Oct. 23, says Gallup, 53 percent said they approved of the job Obama was doing and 42 percent said they did not.

On Oct. 24, that dropped to 51 percent who said they approved and 44 percent who said they do not.

On Oct. 25, it dropped again to 48 percent who said they approved and 47 percent who said they do not.

On Oct. 26, it dropped yet again to 46 percent who said they approved and 49 percent who said they did not.

In May 2011, Obama's approval dropped 7 points in four days, sliding from 53 percent on May 24 to 46 percent on May 28.

Via: CNS News

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MONSTER HAUL: ROMNEY RAKES IN $112M IN FIRST 17 DAYS OF OCTOBER

Rising enthusiasm for Mitt Romney’s surging presidential candidacy has driven Americans to the donation box: Romney’s campaign raised a whopping $112 million in 17 days of October, according to the Republican National Committee. Much of that giving was obviously driven by Romney’s stellar performance in the first debate.

Romney needed a good showing after incumbent President Barack Obama defeated him in fundraising for September, $181 million to $170 million. The Romney campaign has approximately $169 million to spend over the final two weeks of this campaign. Approximately $38 million of the money raised in October came in donations of $250 or under, suggesting burgeoning grassroots appeal for Romney.

Via: Breitbart

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Team Obama raises $90 million in the first half of October

Earlier today, Team Romney (including Romney for President, Romney Victory, and the Republican National Committee) announced that, between October 1st and 17th, they raised a combined total of over $111 million, and still have about $169 million cash on hand — a pretty impressive haul no doubt aided by the general debate-watching public finally getting to meet Mitt Romney without all of the added negative noise from the Obama campaign.

This evening, Team Obama revealed via Twitter their own combined-total fundraising numbers for the first seventeen days of the month:

Barack Obama

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@BarackObama

In the first 17 days of October, 1,251,291 people came together to raise $90,500,000 for the campaign and combined committees.

25 Oct 12

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In the entire month of September, Team Obama outraised Team Romney with $181 million to their $170 million, but it looks like the debate season may’ve helped fuel a role-reversal from that trend. Either way, both campaign’s days of chic fundraisers are over and the donations are going to start petering out, and both sides will be looking to spend most of the money in their war chests in the next eleven-ish days. Ohioans — I do not envy you.

Via: Hot Air

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