The threat of a government shutdown eased last night as the Senate advanced a short-term continuing resolution, or CR, which would keep the government funded through Dec. 16.

With inflation running high, the delay in providing full funding will result in the Pentagon losing an estimated $6 billion in military purchasing power a month, according to retired Marine Maj. Gen. Arnold Punaro, chairman of the National Defense Industrial Association.

“The current version of the CR effectively tables any of the bipartisan agreed-upon increases to defense spending for months — money that is sorely needed to address all of the challenges we face, from inflation to Russia’s war in Ukraine to China’s threats against Taiwan,” Punaro, a former staff director for the Senate Armed Services Committee, told the Washington Examiner.

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