The U.S. budget deficit for October was $284.4 billion, with net tariff revenue of $31.4 billion.
Jinse Finance reported that the U.S. Treasury Department announced the U.S. budget deficit for October was $284 billion, compared to the market expectation of $235.05 billion and $257 billion in the same period last year. October expenditures were $689 billion; revenues were $404 billion, setting a historical high for October. Net tariff revenue in October reached $31.4 billion, a record high and significantly higher than the $7.3 billion in the same period in 2024.
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