I. Latest Developments
1. The U.S. government shutdown has entered its 22nd day, becoming the second-longest shutdown in history.
2. The two parties remain deadlocked over expiring health care subsidies.
3. House Speaker Johnson stated that President Trump is only willing to meet with top congressional Democrats after the government reopens.
4. On Monday, the Senate failed to advance the House-passed government funding bill through November 21 for the 11th time; the next vote is scheduled for Wednesday.
5. Johnson and Senate Majority Leader Thune stated that if the government shutdown continues, the deadline for the temporary funding bill, which expires on November 21, may need to be extended.
II. Federal Salaries and Government Spending
1. Federal civilian employees who received only partial pay earlier this month are expected to face their first full payday on Friday.
2. Sources familiar with the matter: Democratic Senators Chris Van Hollen and Gary Peters are working on a bill to cover federal employee salaries during the government shutdown. 3. Senate Republicans are working on their own version of a bill that will only pay essential government workers.
4. House Speaker Johnson said: If the Senate passes a bill to pay government workers, the House will be called back to Washington. I don't believe they will pass it.
5. Despite the government shutdown, the Trump administration will still provide approximately $3 billion in aid to American farmers.
III. Reopening Prospects
1. Kalshi, a forecast market, predicted on Wednesday that the current shutdown could last approximately 41 days.
2. Hassett, Director of the White House National Economic Council: The shutdown is likely to end this week.
3. Lawmakers and congressional aides generally believe that the government shutdown is likely to last until November, exceeding the record of 35 days during Trump's first term.
