On Thursday, House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin reached an informal agreement to avoid a government shutdown at the end of the month. Both parties committed to a continuing resolution that would work to avoid a shutdown and be free of certain policy riders that have halted progress on other bills while the two sides also negotiate another round of stimulus in response to the COVID-19 pandemic.
A timeframe for the continuing resolution has not been agreed upon, but a plan to fund the government at current levels could avoid a shutdown leading into November’s election and possibly through the end of the year. The informal deal comes as Pelosi and Democrats remain in a deadlock with Mnuchin and Republicans over a package to provide economic stimulus in response to the coronavirus pandemic.
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