Overview

• President Trump’s Monday meeting with congressional leaders ended without a deal, with both sides citing significant differences.
• The funding deadline is Tuesday at midnight in Washington, and failure to pass a budget or stopgap bill would trigger a shutdown.
• The House approved a short‑term funding measure, but Senate passage stalled because Democrats are withholding votes absent Medicaid protections.
• OMB instructed agencies to ready contingency steps, including potential termination notices, signaling planning beyond routine furloughs.
• Industry groups warn of immediate service disruptions and economic costs, including possible flight delays and halted economic data that could affect Federal Reserve decisions.