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Democrats ready one-week stopgap funding extension

Politics,Banking And Finance,Economy And Jobs,Federal Budget,Debt Ceiling,Government Shutdown,US Senate,US House,Defense Spending,Chuck Schumer,Federal Spending

From the Center

Senate Majority Leader Charles E. Schumer put his chamber on notice Monday that a weeklong spending bill is on its way to the floor, given conversations between the two parties on fiscal 2023 appropriations have been productive but negotiators won't meet the Friday deadline.

Discussions turned more positive over the weekend, Schumer said, giving party leaders enough confidence to keep the talks going beyond this Friday night's scheduled continuing resolution lapse. The one-week stopgap measure would give lawmakers until nearly Christmas Eve to wrap up an omnibus package and go home for the holidays — or require a lengthier funding extension into the new year.

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