Fed’s Williams warns strain on lower-income Americans could undercut growth

THE SENATE MAJORITY LEADER THUNE STATES THAT AN AGREEMENT IS NEARLY READY DEMOCRATS ARE READY TO BRING BILLS TO STOP THE GOVERNMENT SHUTDOWN, WITH AT LEAST 10 SENATE DEMOCRATS EXPECTED TO SUPPORT THE PLAN, ACCORDING TO AXIOS Senate leader says potential shutdown deal coming together but no guarantees The Republican leader in the US senate said a potential deal was “coming together” on the government shutdown but that there was no guarantee it would end an impasse now stretching to 40 days. There have been few signs of progress over the weekend that could be crucial in a funding fight that has disrupted flights nationwide, threatened food assistance for millions of Americans and left federal workers without pay. Top Republicans are working to present a legislative package that would reopen the government into January while also approving full-year funding for several parts of government. Deal Reportedly ‘Within Reach’ to End Government Shutdown A deal is reportedly “within reach” to end the 40-day long government shutdown — according to a new report from Axios. The Axios report — citing sources from both parties — said that Senate Democrats are prepared to advance a package of bills to bring an end to the standoff. The procedural motion which would set up votes on these bills is expected to be supported by at least 10 Senate Democrats, per Axios — which adds that the deal would include a vote on extending Obamacare tax credits in December. The ramifications of the shutdown have begun to ramp up in recent days. The disruption to the Supplemental Nutrition Assistance Program (SNAP) has impacted 42 million Americans who receive SNAP benefits. And airport delays have begun to pile up — as there is a shortage of air traffic controllers due to the fact they have not been paid.