The US budget deficit reached 404 billion dollars in October.

The U.S. federal government posted a $404 billion budget deficit in October, the first month of fiscal year 2027, as falling revenues and rising spending worsened the fiscal balance. The shortfall grew by $119.8 billion compared with the same month a year earlier. The deterioration underscores the widening gap between federal receipts and outlays, a trend that keeps pressure on Treasury borrowing needs. Investors will watch upcoming monthly Treasury statements and auction schedules for signs of whether the revenue weakness and spending growth persist.