The jump in monthly tariff revenue in recent months has morethan offset declining transfer payments from the Federal Reservesystem, according to U.S. Treasury data.

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The Treasury brought in a record $5.551 billion in tariffrevenue in October while deposits of earnings from the FederalReserve fell to $4.541 billion. Last October, customs dutiesreceipts were $3.239 billion.

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From: Bloomberg

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