Thursday, November 21, is the deadline for Congress to pass legislation to ensure that there is no government shutdown. It is widely expected that Congress will pass another Continuing Resolution (CR) to keep funding at current spending levels. As is often the case in Washington under President Trump, there is always some level of uncertainty as the President views unpredictability as an important management tool.

Secretary of Treasury Mnuchin has had talks this past week with all the key players on Capitol Hill and has stated that the President is ready to pass a "clean" CR that has no policy riders.

With respect to all budget issues, including the upcoming CR, the President's desire to build the wall on the Southern border is always part of the conversation. The general assumption is that the CR will be silent on the wall thus allowing the Administration's current funding plans to continue. December 20 is the anticipated new deadline for government spending that is expected to be set in the legislation to be passed next week.

Meanwhile, the impeachment process rattles on. Speaker of the House Nance Pelosi is trying to find some issues where the House Democrats can demonstrate that they can work on bipartisan basis even with the friction caused by impeachment. This pas...

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