Last Update: 13-Nov-13 14:21 ET
- The Treasury Budget deficit fell to $91.6 bln in October from $120.0 bln in October 2012. Since the data are not seasonally adjusted, the October budget deficit cannot be compared to the surplus in September.
- The CBO, which typically releases its budget estimate a few days before the Treasury releases the actual numbers, did not release an advance projection for the October data.
- While the government shutdown likely had an effect on the decline in the October budget deficit, the Treasury Department did not issue a statement explaining what exactly the effects were.
- Total revenues increased by $14.6 bln, from $184.3 bln in October 2012 to $198.9 bln in October 2013.
- Total outlays fell to $290.5 bln in October 2013 from $304.3 bln in October 2012, a drop of $13.8 bln.
- Since October is the start to the 2014 fiscal year, fiscal year-to-date the deficit is $91.6 bln, $28.4 bln less than FY 2013.
- Raw data available at http://www.fms.treas.gov/mts/index.html
|Deficit (-)/Surplus Fiscal YTD
|Deficit (-)/Surplus over last 12 months