The federal government is projected to collect more revenue in 2013 than ever before, a statistic Republicans are touting to make the case that the government has a spending problem, not a taxing one.
Top GOP lawmakers, from Speaker John Boehner (R-Ohio) on down, have made that pitch while noting that the Congressional Budget Office (CBO) projects the revenue flowing to the government will double between 2012 and 2023.
The statistics are getting heavy play from Republicans, who argue that an overhaul of the tax code should not include more revenues.
“We’re going to get more revenue in the federal government than we’ve ever seen — by twice,” House Ways and Means Committee Chairman Dave Camp (R-Mich.) told reporters last week. “So I don’t think revenue’s the issue.”