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US October budget outlays rose to $773 billion from $689 billion a year earlier, while receipts fell to $369 billion from $404 billion, according to First Squawk. The wider gap implies a monthly deficit of roughly $404 billion, reflecting both higher spending and weaker revenue collection. The deterioration matters for Treasury funding needs and the pace of federal borrowing. Watch upcoming monthly receipts for whether the revenue shortfall persists.

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