Overview
- Funding lapses at midnight on Sept. 30, and last week the Senate blocked both a House-passed seven-week stopgap and a shorter Democratic alternative.
- Democrats are conditioning any deal on reversing recent Medicaid cuts, extending expiring Affordable Care Act subsidies, and securing assurances against unilateral rescissions of approved funds.
- Republicans are pressing a ‘clean’ continuing resolution to roughly late November at current spending levels with added security funds, arguing Democrats would bear blame for a shutdown.
- Trump agreed to meet Schumer and Jeffries this week, with multiple outlets reporting Thursday as the target, while Congress remains on recess until Sept. 29.
- Sen. John Fetterman was the lone Democrat to back the GOP bill, highlighting limited intra-party dissent as markets and observers warn shutdown odds are rising.