China News Service, September 7th. According to Reuters, on the 6th local time, U.S. Treasury Secretary Mnuchin stated that an agreement will be reached between the White House and Congress to provide funding for the federal government until early December. Details of the spending bill will be To be finalized before this weekend.

Data map: US Treasury Secretary Mnuchin.

Photo by China News Agency reporter Chen Mengtong

  According to reports, existing funds will be exhausted on September 30, and the above measures will help prevent the government from shutting down.

A Democratic aide revealed that Mnuchin and U.S. House Speaker Pelosi have agreed to extend the deadline, but the details of the bill have not been announced.

  Mnuchin told reporters at the White House, "I hope we can reach some practical agreements before this weekend." He also said that he is willing to sit down with Pelosi to discuss further.

  The government funding bill will maintain the operations of US agencies, but will be separated from another batch of financial aid during the new crown epidemic.

  At present, the Republican Party and the Democratic Party still have serious differences on the issue of the new round of bail-out bills.

The Democrats have said that in order to make progress in the bailout negotiations, they may have to wait until after the Labor Day holiday on September 7.