The federal government ran a $63.2 billion deficit in October, the Treasury Department reported Monday.

Outlays in October totaled $298.555 billion. Receipts totaled $235.341 billion.

In October 2016, the government ran a $45.8 billion deficit.

Economists polled by IFR Markets predicted a $50.0 billion deficit.

In September, the government ran an $8.0 billion surplus.

October is the first month of the fiscal year.

treasury budget statement

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