October deficit was $257 billion

 Read: https://fiscal.treasury.gov/files/reports-statements/mts/mts1024.pdf

There were revenues of $326.8 billion but expenditures of $584.2 billion.  In October 2023, the deficit was only $67 billion.

Net interest for October was $80 billion, up from $76 billion in October 23, which is only a 5% increase, helped by slightly lower rates.

The national debt as of 10/31/24 was $35.95 trillion, up from $33.7 trillion as of 10/31/23, an increase of 6.7%.

The Federal Reserve now has a deficit of $207 billion (as of 10/30/24), up from $199.8 billion (as of 9/25/24), an increase of $7.2 billion, but note that this covered 5 weeks, because the Fed does weekly reports.

Why did the government spend so much money? The biggest thing that stands out is Medicare, which jumped from spending $24 billion in October 23 to $77 billion in October 24. I don't see any explanation for it.  Also, national defense increased from $87 billion in 10/23 to $103 billion in 10/24.  And Veterans Affairs jumped from $14 billion to $30 billion - what is going on there?  Is this a free-for-all in the last days of the Biden administration?

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The CBO says that the October deficit was $255 billion.