Politics · Oct 20, 2026

Congress passes stopgap bill, averting a shutdown

Lawmakers approved a short-term funding measure that keeps the government open through mid-December, leaving the big spending fights for after the election.

The Senate voted 78-18 on Tuesday evening to fund federal agencies through December 13, sending the bill to the president hours before the deadline. The measure holds spending roughly flat and includes disaster-relief money.

The political calculus

Negotiators on both sides say the real test comes in the lame-duck session, when full-year appropriations, expiring tax provisions and a farm bill all compete for floor time.

Analysts say the outcome will depend on how negotiators handle a short list of unresolved details. Past episodes suggest that markets react most to surprises in timing rather than to the headline decision itself, and that early reactions are often partly reversed within a few weeks.

Lawmakers approved a short-term funding measure that keeps the government open through mid-December, leaving the big spending fights for after the election.

What changes for markets

This article is for information only and is not investment advice. Figures are illustrative and may be delayed or simulated for demonstration purposes.

This article is for information only and is not investment advice.

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