White House Advisor Signals Possible Shutdown Resolution
In a surprising development, White House Economic Advisor Kevin Hassett suggested the ongoing partial government shutdown—now the longest in U.S. history—could conclude this week. Speaking to reporters on Monday, Hassett expressed cautious optimism, raising hopes for 800,000 furloughed workers and affected businesses.
Economic Toll Reaches Breaking Point
Now in its 35th day, the shutdown has cost the U.S. economy an estimated $3 billion in lost GDP growth, according to the Congressional Budget Office (CBO). Key sectors, including aviation, housing, and small businesses, face mounting disruptions due to stalled federal services.
Hassett acknowledged the strain, stating, “Every day this continues, the ripple effects grow. Delays in tax refunds, airport security, and loan approvals are hurting families and businesses.”
Behind-the-Scenes Negotiations Heat Up
The shutdown stems from a standoff over President Trump’s $5.7 billion border wall funding demand. Democrats, led by Speaker Nancy Pelosi, oppose wall funding but may consider compromise measures like enhanced border security.
Moderate lawmakers are reportedly pushing for a deal, and some Republicans fear prolonged fallout ahead of 2020 elections. Hassett’s remarks suggest the White House may be seeking an off-ramp: “Both sides are feeling the pressure.”
Public Backlash Forces Action
Polls show most Americans blame the White House for the crisis. Furloughed workers have protested nationwide, and unions threaten lawsuits over unpaid wages. With the State of the Union approaching, political stakes are higher than ever.
Will the Shutdown End This Week?
While hurdles remain—Trump insists on wall funding, and Democrats resist—Hassett’s comments hint at potential progress. A resolution could mean back pay for workers and resumed services, but failure risks extending the crisis into February.
Key Takeaways
- Hassett’s optimism marks a shift in the White House’s shutdown stance.
- Economic damage is escalating, raising urgency for a deal.
- Compromise talks are underway, but wall funding remains a sticking point.
Stay updated with NextMinuteNews for the latest developments.
