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Senate To Vote On Government Funding Stopgap Today

US

Senate Majority Leader Chuck Schumer (D-NY) has released the final text of the Continuing Resolution to keep the government funded until December 16.

  • If Congress fails to pass a CR, the government will shut down at midnight September 30, seen as highly unlikely with midterm campaigning looming.
  • The CR includes energy permitting proposal of Senator Joe Manchin (D-WV), promised as a quid pro quo for Inflation Reduction Act.
  • Despite a lobbying blitz from Manchin, Democrats unlikely to have the 60 votes required to invoke cloture.
  • Republicans whipping against the proposal despite approving of permitting reform. GOP says the reform doesn’t go far enough, preferring alternate proposal from Senator Shelley Moore Capito (R-WV) but Manchin has accused the GOP of torpedoing his bill in response to passage of the Inflation Reduction Act.
    • In the CR: USD$12.3 billion military aid for Ukraine.
    • Not included: USD$22 billion for Covid-19, USD$4 billion for monkeypox, USD1.5 billion for uranium, and USD500 million for Strategic Petroleum Reserve.
  • The Senate convenes at 15:00 ET 20:00 BST and if the bill doesn’t receive 60 votes then permitting reform will be stripped out and the CR passed clean.
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Senate Majority Leader Chuck Schumer (D-NY) has released the final text of the Continuing Resolution to keep the government funded until December 16.

  • If Congress fails to pass a CR, the government will shut down at midnight September 30, seen as highly unlikely with midterm campaigning looming.
  • The CR includes energy permitting proposal of Senator Joe Manchin (D-WV), promised as a quid pro quo for Inflation Reduction Act.
  • Despite a lobbying blitz from Manchin, Democrats unlikely to have the 60 votes required to invoke cloture.
  • Republicans whipping against the proposal despite approving of permitting reform. GOP says the reform doesn’t go far enough, preferring alternate proposal from Senator Shelley Moore Capito (R-WV) but Manchin has accused the GOP of torpedoing his bill in response to passage of the Inflation Reduction Act.
    • In the CR: USD$12.3 billion military aid for Ukraine.
    • Not included: USD$22 billion for Covid-19, USD$4 billion for monkeypox, USD1.5 billion for uranium, and USD500 million for Strategic Petroleum Reserve.
  • The Senate convenes at 15:00 ET 20:00 BST and if the bill doesn’t receive 60 votes then permitting reform will be stripped out and the CR passed clean.