Overview

• With four days left before funding lapses Oct. 1, the White House scheduled a last‑ditch meeting with the top four congressional leaders for Monday.
• The Office of Management and Budget directed agencies to prepare Reduction in Force plans and consider layoff notices if programs lose discretionary funding in a shutdown.
• Both parties’ stopgap bills have failed in the Senate, and the 60‑vote threshold means Republicans need Democratic support to advance any funding measure.
• Democrats are pressing to extend Affordable Care Act premium tax credits and roll back recent Medicaid cuts, and some GOP leaders signaled limited openness to discussing a subsidy extension.
• Federal agencies are preparing to wind down operations, raising the prospect of furloughs, curtailed services and delayed economic data, while betting markets now put shutdown odds near 67%–69%.