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COINOTAG News, September 28 — According to CNBC, the U.S. government funding runway expires on September 30, creating the immediate prospect of a government shutdown that could affect millions of federal employees. Congress must enact or extend a spending bill by October 1 to prevent operational disruptions and payroll interruptions for federal agencies.
President Trump is scheduled to meet key congressional leaders on September 29, including Senate Minority Leader Schumer, House Minority Leader Jeffries, House Speaker Johnson, and Senate Majority Leader Thune, as lawmakers attempt to resolve budgetary impasses. A prior stopgap spending bill failed to advance in the Senate, underscoring ongoing fiscal brinkmanship in Congress.
Market commentators cite historical context: Deutsche Bank analyst Jim Reid observed this situation could represent the first shutdown episode since winter 2018–19, highlighting the potential economic and operational risks tied to unresolved appropriations.
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