Business

Understanding the nation’s ticking fiscal time clock: Federal funding to expire by mid-November

     For the second time this year, Congress’ inability to reach consensus on essential fiscal legislation has devolved into largely partisan bickering and literal, last-minute temporary financial band-aids. On September 30, the last day of the 2022-2023 federal fiscal year, a continuing resolution (CR) provided a 45-day reprieve, just in time to meet a midnight deadline that would have resulted in a federal government shutdown. […]