How did we get here?
Earlier this year, amid the threat of a first-ever default on the nation's debt, President Joe Biden and Speaker Kevin McCarthy negotiated a spending cap for the 2024 budget year beginning Oct. 1. But spending legislation remains mired in Congress with the hard-liners in the House insisting on curbing spending further and other proposals that couldn't pass the Senate.
A last-ditch effort by McCarthy to pass a short-term funding measure with border security measures to keep the government open until Oct. 31 failed on Friday. More than 20 Republicans voted against it.
The Democrat-led Senate is considering a separate stopgap bill to keep the government open until Nov. 17 as well as additional funding for Ukraine and FEMA, but McCarthy has already said it would be dead on arrival in the House.
Congress remained at a standstill Friday afternoon with the shutdown deadline roughly 32 hours away.