US Oct. Budget Deficit Swells 287% To $257 Billion

U.S. October budget deficit jumps to $257 billion, handing hole to Trump
The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the Treasury Department said on Wednesday in a report that started off a new fiscal year with a big hole to be turned over to President-elect Donald Trump in January.
US October Budget Deficit Swells 287% To $257 Billion
The U.S. budget deficit exponentially increased and reached around $257 billion in October, primarily due to one-off factors.
U.S. federal budget deficit swells more than expected in first month of FY25
The U.S. federal government spent $257.0B more than it earned in October, compared with the $226.4B deficit expected and September's $64.0B shortfall, according to the Treasury Department's statement issued on Wednesday.
U.S. Budget Deficit Surges: October's Fourfold Jump
The U.S. budget deficit in October surged to $257 billion, a significant increase driven by unique circumstances. Factors such as deferred tax payments and benefit payment adjustments influenced the figures.
U.S. budget deficit swells in October as Wall Street worries mount over debt
The U.S. government had a monthly budget deficit of $257 billion in October, as spending on health programs ramped up and collection of corporate taxes fell. The figures released Wednesday follow the Treasury Department's report last month that the 2024 ...
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US budget deficit quadrupled in year
The U.S. budget deficit for October reached $257 billion, nearly four times higher than the deficit for the same period in ...
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