The Senate may vote as soon as Wednesday on a bill that would prevent a government shutdown, Majority Leader Chuck Schumer said.

Federal funding will lapse if Congress fails to pass an appropriations plan before midnight Thursday. Senators plan to introduce a bill that would keep the government running into early December, according to Schumer, a New York Democrat.

“We can approve this measure quickly and send it to the House so it can reach the president’s desk before funding expires midnight tomorrow,” Schumer said. “With so many critical issues to address, the last thing the American people need right now is a government shutdown.”

A lapse in funding could lead to federal worker furloughs and a reduction in services. The Biden administration’s Office of Management and Budget has sent shutdown guidance to agencies ahead of the funding deadline.

If lawmakers can keep the government running, they will only prevent one looming crisis. Treasury Secretary Janet Yellen has told Congress the U.S. will run out of ways to pay its bills around Oct. 18 if lawmakers do not hike or suspend the debt limit — raising the prospect of a first-ever default that could wreck the U.S. economy.

CONTINUE..