On Wednesday, CNN reported that Senate Democrats and Republicans have reached an agreement to temporarily fund the government — averting a partial shutdown that was poised to happen at the end of the week.
"Senate Majority Leader Chuck Schumer announced on Wednesday night that Democrats reached an agreement with Republicans on a continuing resolution to fund the government and they will be voting on it tomorrow morning," reported Clare Foran and Ali Zaslav. "'We have an agreement on the CR – the continuing resolution to prevent a government shutdown – and we should be voting on that tomorrow morning,' Schumer said. Schumer said beginning at 10:30 a.m. ET on Thursday the Senate will hold several amendment votes before they vote on the continuing resolution."
According to the report, the agreement involves splitting out the vote to raise the debt ceiling — a separate measure that would allow the government to keep paying its bills — into another measure. The debt ceiling is scheduled to be breached in mid-October, which economists and Treasury officials have warned could trigger a global economic shockwave and could leave retirees, troops, and federal contractors without payment.
Republicans are still refusing to provide votes on the debt ceiling, saying that Democrats will need to add it into the "Build Back Better Act" reconciliation bill and pass it themselves — even though the ceiling covers funds already spent, including measures Republicans themselves backed in the Trump years.