Funding stalemate on Capitol Hill

The clock is ticking for Congress to extend the Federal government’s spending authority, which will expire when the next fiscal year begins at 12:01am on October 1st (next Wednesday), triggering a partial shutdown. It is possible that Congress will reach a late deal averting a shutdown, but with lawmakers on both sides of the aisle digging in against the other’s demands, the chances of an agreement seem to be slipping away.