The fiscal year for the federal government runs from October 1 through September 30 and since October 1, 2018 the government has been running on a series of Continuing Resolutions (CR). The CRs are short-term spending measures and the last CR is set to expire on December 21, 2018. Congress must pass another short term CR or pass the entire rest of the year budget by midnight or the federal government will shut down and many government employees will be furloughed until the budget gets resolved.
The Universal Service Administrative Company (USAC) is not funded through the federal appropriations process and USAC employees and their contractors will all be able to continue to work. USAC will be able to continue to review pending Form 471 applications, release commitments and disbursements as they typically do. Hopefully, Congress and the President can come to a compromise resolution on the remaining fiscal issues before midnight on December 21.