05:36 GMT25 October 2020
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    Failure to pass a short-term spending bill by the end of the month will lead to a partial shutdown of the federal government on 1 October, as current government funding runs out after 30 September, the end of the federal fiscal year.

    "We're not ready to make an announcement right this minute, but we are very close to one", US House of Representatives Speaker Nancy Pelosi said in an interview on Bloomberg TV when asked about the status of negotiations on government funding.

    The stopgap measure, or a continuing resolution, is expected to be finalized by the House of Representatives and the Senate next week and keep federal agencies operating through 1 December, said a House Democratic aide, quoted by Reuters.

    A sticking point at the table is the Trump administration's demand for $30 billion to replenish a farm bailout fund, which meets opposition on the part of the House Speaker, several people familiar with the matter said to the Washington Post.

    Another matter of disagreement, according to the news article, is the Democrats' demand to secure $3.6 billion in additional election security funds and provide more money for food assistance to children affected by the COVID-19 pandemic.

    Tags:
    government shutdown, Nancy Pelosi, US House of Representatives, United States
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