# US opens 2027 fiscal year with record $404 billion October deficit

https://mins.news/en/item/141514

- Reuters, 2026-11-12 23:30 UTC
- Economy
- Original: https://www.reuters.com/business/us-starts-2027-fiscal-year-with-record-october-budget-deficit-404-billion-2026-11-12/?link_source=ta_bluesky_link&taid=6af64c15abc03400017cc22d

> The US recorded a $404 billion budget deficit in October, the first month of fiscal 2027, setting a record for the month. The Treasury Department said the shortfall was up $120 billion, or 42%, from a year earlier as receipts fell and outlays rose sharply.

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