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[U.S. October Budget Deficit at $284 Billion, Net Tariff Revenue Hits Record High] Data from the U.S. Treasury Department shows that the U.S. October budget deficit was $284 billion, exceeding market expectations of $235.05 billion and the $257 billion recorded in the same period last year. October expenditures totaled $689 billion, while revenues reached $404 billion, setting a historical record for October. Net tariff revenue in October amounted to $31.4 billion, significantly higher than the $7.3 billion in the same period of 2024, marking a record high.