Leadership of the US Senate have indicated that lawmakers are close to passage of short-term measure to keep the federal government funded until December 18.

  • Comments from Senator Dick Durbin (D-IL) per Chad Pergram at Fox News: "We always have this deadline looming...The good news is we've reached a bipartisan agreement on spending bill. I don't believe the government is going to shut down."
  • Senate Minority Leader Mitch McConnel (R-KY) said a short time ago that he believes the Senate will pass the measure today, citing the importance of the ~USD$12b in Ukraine aid attached to the bill: 'It's literally an investment in our own national security and of our allies."
  • Senator John Thune (R-SD): “There's nothing right now that I can see that stands in the way of this wrapping up.”
  • House Republican Whip Steve Scalise (R-LA) stated an intention to whip against the bill in protest to the timeframe of the stop-gap, allowing Democrat to pass a FY23 budget during a lame duck Congress, but the move is not predicted to impede passage of bill after receipt from the Senate today.

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US: Senate Close To Agreement On Short-Term Funding Bill

Last updated at:Sep-29 15:31By: Adam Burrowes
Political Market News+ 6

Leadership of the US Senate have indicated that lawmakers are close to passage of short-term measure to keep the federal government funded until December 18.

  • Comments from Senator Dick Durbin (D-IL) per Chad Pergram at Fox News: "We always have this deadline looming...The good news is we've reached a bipartisan agreement on spending bill. I don't believe the government is going to shut down."
  • Senate Minority Leader Mitch McConnel (R-KY) said a short time ago that he believes the Senate will pass the measure today, citing the importance of the ~USD$12b in Ukraine aid attached to the bill: 'It's literally an investment in our own national security and of our allies."
  • Senator John Thune (R-SD): “There's nothing right now that I can see that stands in the way of this wrapping up.”
  • House Republican Whip Steve Scalise (R-LA) stated an intention to whip against the bill in protest to the timeframe of the stop-gap, allowing Democrat to pass a FY23 budget during a lame duck Congress, but the move is not predicted to impede passage of bill after receipt from the Senate today.

Related by topic

Political Market News
Political Risk Bullets
Global Macro Analysis
Political Risk Coverage
FI Bullets
Homepage Section
FX Bullets