Congress faces a December 11 funding deadline in a short lame-duck session after Democrats gained control of both chambers in the November midterms. Current continuing resolution authority expires that day, and lawmakers have not completed any of the twelve full-year appropriations bills. Negotiations require bipartisan Senate support to clear the 60-vote threshold, with potential sticking points over spending levels, policy riders, defense priorities, and healthcare extenders. A new stopgap measure extending into 2027 appears the most probable path, though compressed timelines and shifting partisan leverage increase the chance of delay or lapse. Traders price the probability of a shutdown beginning December 12 near 40 percent, reflecting uncertainty over whether an agreement can be reached before the holiday period.