October budget deficit was $404.1 billion, the largest October deficit since at least 2015
The Monthly Treasury Statement for October 2026, the first month of fiscal year 2027, released November 12, showed receipts of $368.940 billion and outlays of $773.004 billion, for a deficit of $404.064 billion. That compares with a $284.333 billion deficit in October 2025, when receipts were $404.371 billion and outlays $688.704 billion. It is the largest October deficit in Treasury's online monthly statement data back to October 2015. Customs duties were $19.217 billion, against $31.354 billion a year earlier. Gross interest on Treasury debt securities was $115.461 billion, against $104.404 billion. Treasury notes that some benefit and military payments were moved into October because November 1 fell on a non-business day. Official Treasury print.
- Budget deficit
- $404,063,547,877.59
- Receipts
- $368,940,118,602.77
- Outlays
- $773,003,666,480.36
- Customs duties (net)
- $19,217,228,460.18
- Interest on Treasury debt securities (gross)
- $115,461,243,276.48
Source: Monthly Treasury Statement Table 1, record date October 31, 2026 — U.S. Department of the Treasury, Bureau of the Fiscal Service. Also: Monthly Treasury Statement Table 4 (receipts), customs duties, record date October 31, 2026, Monthly Treasury Statement Table 5 (outlays), interest on Treasury debt securities, record date October 31, 2026, Monthly Treasury Statement, summary of budget and off-budget results, Monthly Treasury Statement, October 2026.
all 5 figures found at the source
- found Budget deficit = $404,063,547,877.59 — at U.S. Department of the Treasury, Bureau of the Fiscal Service
- found Receipts = $368,940,118,602.77 — at U.S. Department of the Treasury, Bureau of the Fiscal Service
- found Outlays = $773,003,666,480.36 — at U.S. Department of the Treasury, Bureau of the Fiscal Service
- found Customs duties (net) = $19,217,228,460.18 — at U.S. Department of the Treasury, Bureau of the Fiscal Service
- found Interest on Treasury debt securities (gross) = $115,461,243,276.48 — at U.S. Department of the Treasury, Bureau of the Fiscal Service
This page is one print. The daily brief for November 12, 2026 is the editor's cut of what mattered that day. Figures are as the named sources printed them. The methodology says how this page is made and what is checked.