European Stars and Stripes (Newspaper) - November 24, 1991, Darmstadt, Hesse Sunday november 24, 1991 the stars and stripes a Page 17october deficit reaches nearly $36 billion Washington apr the government ended the first month of its new fiscal year with a $35.98 billion deficit the Treasury department said Friday the initial instalment in what most analysts say will be another annual record. A a we re projecting a $335 billion deficit for the year Quot said economist Kathleen Stephansen of Donaldson Lufkin and Jenrette securities corp. A new York investment firm. The Bush administration is estimating the Gap will be $348.3 billion. The deficit reached a record $2 >8.73 billion in the fiscal year that ended last sept. 30. The october red Ink was 15 percent More than the $31.29 billion imbalance after the first month of fiscal 1991. The september deficit was $f>.8 billion. Revenues in october the first month of the new fiscal year totalled $78.07 billion up 1.4 percent from the same month last year. Expenditures amounted to $114.05 billion up 5.3 percent from october 1991. 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