According to the monthly report published by the U.S. Treasury Department, the federal government posted a deficit of $100 billion in October.
Key highlights (via Reuters)
- October budget outlays $353 bln vs $299 bln in October 2017; receipts $253 bln vs $235 bln in October 2017.
- October budget deficit $100 bln (consensus $100 bln deficit) vs October 2017 deficit $63 bln.
- October budget outlays $353 bln vs $299 bln in October 2017; receipts $253 bln vs $235 bln in October 2017.