Senate moves to end shutdown as American air travelers face ongoing airport disruptions

Treasury Secretary Scott Bessent has warned that the continued shutdown may trigger the US economic system to “worsen and worse” as the vacations strategy, probably impacting Christmas.

Talking on ABC’s ‘This Week’ programme, Bessent stated the ‘human prices’ of the shutdown might proceed to rise. “However then again, freight can be delayed,” he stated. “So, you realize, we may expertise shortages, whether or not it is in our provide chain or in the course of the holidays.”

“Freight and individuals are each slowed down right here. And that is for security,” he added.

Bessent additionally famous, “We had a incredible economic system over the past two quarters below President Trump. And now there are estimates that financial progress for this quarter might be reduce by as a lot as half if the shutdown continues.”

Varun Gupta, a professor of logistics and enterprise analytics on the College of North Georgia, additionally confirmed to ABC Information that about 10 p.c of U.S. freight is transported by air.

Supply big FedEx
advised The Impartial: “Contingency plans are in place to develop our built-in air and floor community to guard time-sensitive, important shipments similar to life-saving medicines, medical gear and different merchandise that move by way of our community with out disruption,” a spokesperson stated.