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Senate Reaches Deal To Avoid Shutdown

A photograph of the front of the U.S. Capitol Building. The lawn is green, and the sky is blue with big, puffy clouds.

The Senate has reached a deal to avoid a government shutdown, Majority Leader Chuck Schumer said late Wednesday.

The New York Democrat said he has scheduled a vote on the stopgap measure for Thursday morning. The bill would keep the government running into early December, according to Schumer. The deal would still need to pass the House.

Federal funding will lapse if Congress fails to pass an appropriations plan before midnight Thursday.

To read the full CNBC story, click here.

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