With only two weeks before the Congressional adjournment for the elections, the focus in Washington remains centered on two main things: approving the "must pass" budget bill in order to forestall a government shutdown on October 1st and continued jockeying on a possible massive coronavirus relief package.

There are positive reports from the House and Senate that the leaders are close to an agreement on a Continuing Resolution (CR) to keep the government functioning past October 1st and through the current fiscal year. A few weeks ago, Speaker of the House Nancy Pelosi and Treasury Secretary Mnuchin agreed that both sides would withhold any election year hot button issues and Congress would approve a so-called "clean" bill with no controversial amendments.

There has been some disagreement on how long the CR would run. Democrats wanted the temporary spending bill to fund the government until February of next year to allow the newly elected Congress and perhaps a President Biden to set the priorities. Republicans wanted to make sure they had one more bite at the fiscal apple when they control the White House and Senate. At this point it looks like the Republican position will prevail and that the CR will run until mid-December. If the Democrats win the White House or capture...

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