Overview

• Senators left without passing a stopgap after the House approved a GOP continuing resolution, leaving only days to avert a funding lapse.
• President Trump canceled talks with Democratic leaders and signaled no compromise, while betting markets now put shutdown odds near 70%.
• OMB instructed agencies to flag programs losing discretionary funds and to prepare reduction-in-force plans that could permanently eliminate positions.
• Essential operations would continue without pay — including military service, TSA and air traffic control — and troops could miss at least one paycheck if no fix passes by Oct. 15.
• Travel, parks and federal data releases face disruptions, with U.S. Travel estimating $1 billion in weekly losses, likely closures at many national parks and possible delays to the Oct. 3 jobs report.