- Outlays of $773 billion vs $689 billion in Oct 2025
- Receipts $369 billion vs $404 billion in Oct 2025
- Deficit of $404 billion vs $284 billion in Oct 2025
This numbe really puts things into perspective. Even if the US doubled its tax revenues in October, it wouldn’t have been enough to balance the budget.
Meanwhile, IRNA reports an attack on Southern Iran near Sirik, and that’s weighing on risk assets.
This article was written by Adam Button at investinglive.com.