Business Insider Today newsletter: November 13
Briefly

Business Insider Today newsletter: November 13
"But the government reopening won't make the problems Americans have been dealing with due to the shutdown magically disappear, writes BI's Allie Kelly, Taylor Rains, and Dominick Reuter. Federal employees who were furloughed or worked without pay for weeks will start to get paychecks. But in some cases, employees might have dug themselves a hole that could be difficult to get out of. BI previously spoke to federal workers who shared concerns about missing bills and going into debt due to the missing paychecks."
"Another area that'll take some time to recover is air travel. A combination of air traffic controller shortages and FAA flight reductions has led to mass cancellations and general chaos at airports around the country. (One Republican lawmaker chose to ride his motorcycle roughly 16 hours back to DC to vote rather than risk a flight delay or cancellation.) There have been some improvements to flying, but it won't happen overnight."
"It's also important to remember this isn't a long-term solution. The newest deal only funds the federal government through January 30. That means Congress will need to continue negotiating, and healthcare spending is likely to be at the top of the list. That was at the center of the most recent shutdown. Among the issues were subsidies that reduce premiums for many Americans, which expire at the end of the year."
After 43 days, the government shutdown ended with a budget agreement, restoring pay for furloughed or unpaid federal employees. Many workers face missed bills, debt, and financial strain that will not be resolved immediately. Air travel suffered widespread cancellations and chaos due to air traffic controller shortages and FAA flight reductions; recovery could take up to two weeks. The funding deal is temporary and covers the government only through January 30, requiring further congressional negotiations. Healthcare spending remains a central issue, with premium-reducing subsidies set to expire at year end and recent policy changes affecting Medicaid, potentially causing large 2026 healthcare cost increases.
Read at Business Insider
Unable to calculate read time
[
|
]