U.S. Senate passes funding bill to avert government shutdown this week

Richard Cowan | November 21, 2019

U.S. Senate passes funding bill to avert government shutdown this week
The U.S. Senate on Thursday passed legislation that would continue the funding for a wide range of federal agencies through Dec. 20 and avoid partial government shutdowns that otherwise would begin on Friday, when existing money expires. The Senate approved the bill by a vote of 74-20. The legislation now goes to President Donald Trump for his expected approval, as the House of Representatives also passed this measure on Tuesday. Between now and Dec. 20, House and Senate negotiators will seek agreement on how to divvy up money across all of the federal bureaucracy. They are hoping to come up with legislation to keep the government operating through Sept. 30, 2020, the end of this fiscal year.

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David Piesing and Dmitry Zapol discuss the key issues to be aware of when investing in UK commercial and residential real estate.

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