U.S. government deficit above expectations in Oct.

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The federal government ran a $100.5 billion deficit in October, the Treasury Department reported Tuesday.

Economists polled by IFR Markets predicted a $98.0 billion deficit.

In October 2017, the government ran a $63.2 billion deficit.

Outlays in October totaled $353.183 billion. Receipts totaled $252.692 billion.

In September, the government ran a $119.1 billion surplus.

The fiscal year begins in October.

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Economic indicators Budgets Treasury Department