A continuing resolution that would have kept the government open beyond a looming deadline, use federal money to repair the Francis Scott Key Bridge, a tolled span in Maryland, and transfer the RFK stadium site to Washington D.C. died Wednesday under pressure from Elon Musk and President-Elect Donald Trump.
The late development creates extreme pressure for Congress to act in the next two days to prevent a government shutdown this weekend. A shutdown could be costly for municipal issuers, as it could cut off funding and access to certain federal programs.