The federal government ran a $63.2 billion deficit in October, the Treasury Department reported Monday.
Outlays in October totaled $298.555 billion. Receipts totaled $235.341 billion.
In October 2016, the government ran a $45.8 billion deficit.
Economists polled by IFR Markets predicted a $50.0 billion deficit.
In September, the government ran an $8.0 billion surplus.
October is the first month of the fiscal year.
Municipals were narrowly mixed to start the holiday-shortened week, but the lighter supply should buoy the market.
The scandals surrounding New York City Mayor Eric Adams may lead to his removal from office, but the city's bonds are still insulated from the fallout, analysts say.
The state will have less money to spend in the upcoming fiscal year, according to projections certified in a process criticized by Oklahoma's attorney general.
State Farm's "emergency" rate increase request was rejected by California's insurance commissioner.
Former Women in Public Finance President, Illinois Finance Authority general counsel and Katten Muchin Rosenman partner Elizabeth Weber "was a class act all the way."
Most federal lease debt has large bullet maturities that require refinancing, asset sales or a new lease to avoid default.
