The United States of America faces serious economic risk as the government shutdown enters its 40th day. White House officials warned that continued issues with air travel and essential services could push US GDP into negative territory during the coming fourth quarter. With Thanksgiving approaching, with thousands of flights cancelled, experts predict that this is the longest shutdown in American history and may trigger widespread economic damage affecting millions of citizens across the country.
Air Travel Halt
The US transportation secretary Sean Duffy said on Sunday that air traffic would drop dramatically during Thanksgiving week when millions of people typically fly to visit their families. The Federal Aviation Administration ordered airlines to get flights by 10% starting November 14. Air traffic controllers working without their pay are leaving their posts for second jobs to cover bills.
Almost 1,400 flights were cancelled on Sunday morning, as per FlightAware tracking. With controllers leaving their towers across the country, only a few of the normal daily flights can operate safely. This creates a huge disruption just days before one of America’s busiest travel seasons.
Food Stamps and Economic Impact
Treasury Secretary Scott Bessent said economic damage, good over the shutdown as it cuts food assistance for nearly 40,000,000 low-income Americans. The administration ordered states to stop full food distribution after a Supreme Court ruling on Friday evening. This affects the vulnerable families who were already struggling with rising costs during the holiday season.
Supply chain issues are increasing as flight cancellation disrupts goods movement across the country. Bessent shortages could develop if the shutdown continues. Multiple federal workers have not been paid for weeks, which is reducing consumer spending during the most anticipated holiday shopping period in America.
Political Deadlock
Republicans want democrats to accept stopgap funding at current levels, while Democrats demand reversal of healthcare credit cuts, which are expiring in December. President Trump repeatedly attacked insurance companies and the Affordable Care Act. He called for money sent directly to citizens instead of middlemen insurers.
Trump also urged Republican lawmakers to remove the Senate filibuster rule requiring 60 votes for more legislation. He promised Americans $2000 dividend payment funded by tariff cuts revenue. Although Basant suggested that this might come through tax cuts instead.
FAQs
Q: The US shutdown has lasted for how many days?
A: The shutdown has lasted for 40 days up to now.
Q: Why is the US GDP going negative?
A: There are multiple reasons, but mostly due to travel delays and a decrease in consumer spending.
Q: How many flights were cancelled on Sunday?
A: 1400 flights were cancelled.
__________
To know more such news about US politics and business, refer to Inspirepreneur Magazine.
