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The U.S. began fiscal 2027 with a record October budget deficit of $404 billion, highlighting how far it is from Treasury Secretary Bessent’s goal of a deficit

BWB News TV • 2026-11-13 09:41 UTC • By Billy Odell Tucker-Robinson
The U.S. began fiscal 2027 with a record October budget deficit of $404 billion, highlighting how far it is from Treasury Secretary Bessent’s goal of a deficit
The U.S. began fiscal 2027 with a record October budget deficit of $404 billion, highlighting how far it is from Treasury Secretary Bessent’s goal of a deficit at 3% of GDP. Fiscal 2026 is estimated at 6.2%.
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