U.S. Shutdown Nears End as Funding Bill Heads to House

The prolonged U.S. government shutdown, the longest in the nation’s history, is poised to conclude as early as Wednesday following the Senate’s approval of a short-term funding bill on Monday. This legislative breakthrough is expected to reinstate hundreds of thousands of federal employees to their roles, restore Supplemental Nutrition Assistance Program (SNAP) benefits to over 42 million Americans, and mitigate significant travel disruptions that have plagued the country. Economists estimate that the shutdown has resulted in a $55 billion (0.8%) reduction in GDP for this quarter, a loss that the reopening aims to reverse. The shutdown had forced nearly 800,000 federal workers, including air traffic controllers, into unpaid leave or work without pay. While the bill funds most federal agencies until January 30, concerns linger about the potential for another shutdown early next year. Analysts caution that although backpay and resumed benefits will provide temporary relief, the underlying crisis remains unresolved. Despite the bill’s passage, the government will require several days to fully reopen, and air travel disruptions persist, with 1,148 flights canceled nationwide as of Tuesday afternoon, according to aviation analytics.