Finance1 min read

US starts 2027 fiscal year with record October budget deficit of $404 billion - Reuters

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In short

The United States has opened its 2027 fiscal year by recording a budget deficit of $404 billion for the month of October. This figure marks a record shortfall for the initial month of the fiscal calendar.

Key points

  • The United States has opened its 2027 fiscal year by recording a budget deficit of $404 b…: The United States has opened its 2027 fiscal year by recording a budget deficit of $404 billion for the month of October.
  • This figure marks a record shortfall for the initial month of the fiscal calendar.: This figure marks a record shortfall for the initial month of the fiscal calendar.

US starts 2027 fiscal year with record October budget deficit of $404 billion    Reuters

Finance