Government funding uncertain as CR scrapped Wednesday

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Bloomberg News

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.  

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