US October federal budget deficit sets a record

What we know so far

investingLive (Nov 13, 01:05): Outlays of $773 billion vs $689 billion in Oct 2025Receipts $369 billion vs $404 billion in Oct 2025Deficit of $404 billion vs $284 billion in Oct 2025This numbe really puts things into perspective. Even if the US doubled its tax revenues in October, it wouldn't have been enough to balance the budget.Meanwhile, IRNA reports an attack on Southern Iran near…