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2024-09-20 01:06:25
in reply to nevent1q…42ek

Bullet points of The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out

Bullet points of The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
- Congress must pass a stopgap spending bill by September 30 to avoid a partial government shutdown.
- The International Longshoremen's Association and several East Coast and Gulf Coast ports must renegotiate a contract by September 30 to avoid a strike.
- A government shutdown would impact federal agencies, social services, and national parks.
- A strike by dockworkers could lead to mass cargo diversions, delays, and increased shipping costs.
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