Feds outspend revenues by $100 billion in October

By Pete Kasperowicz

Published November 13, 2018 8:25pm ET

Add Washington Examiner on Google

Feds outspend revenues by $100 billion in October — The Treasury Department said Tuesday that the federal government spent $100 billion more than it received in revenues in October, the first month of fiscal year 2019 that is expected to see a $1 trillion budget deficit. Treasury said federal budget receipts totaled nearly $253 billion in October, while spending exceeded $353 billion, for a […]

The Treasury Department said Tuesday that the federal government spent $100 billion more than it received in revenues in October, the first month of fiscal year 2019 that is expected to see a $1 trillion budget deficit.

Treasury said federal budget receipts totaled nearly $253 billion in October, while spending exceeded $353 billion, for a budget deficit of $100.49 billion.

Print subscriber? Click here to login/register your account

Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Budgets and Deficits National Debt Spending Treasury Department