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President Trump Announces Temporary Reopening of Government Following Shutdown

President Trump Announces Temporary Reopening of Government Following Shutdown

Friday, January 25th, 2019

This weekend, President Donald Trump and Congress reached a deal to temporarily reopen the federal government.

Donald Trump, President, United States of America“I am very proud to announce today that we have reached a deal to end the shutdown and re-open the federal government,”President Trump noted in a speech delivered in the White House Rose Garden.

The President’s remarks came Friday afternoon, hot on the heels of news that the FAA was delaying or suspending some flights to LaGuardia Airport because of Air Traffic Control staffing issues.

Though, according to reports, the deal between President Trump and Congress does not include the $5.7 billion in border security funding, the President’s tone was, at times, combative. Referring perhaps to the possibility of unilaterally declaring a state of emergency and appropriating funding for his border security proposal, the President continued: “As everyone knows, I have a very powerful alternative, but I didn’t want to use it at this time. Hopefully, it won’t be necessary.”

Estimates by S&P Global Rankings reported on by USA Today predict that, as of January 25, the government shutdown has racked up a net economic cost of $7.1 billion.

The shutdown, spanning five weeks, is the longest in history with the previous record lasting 21 days between December 1994 and January 1995

Some of those costs have fallen on the grocery industry.

A St. Louis Save-a-Lot store where SNAP customers make up the vast majority of shoppers, was put in the position of being forced to close its doors should the shutdown continue. And one Pennsylvania retailer, D&K Surplus Grocery, was rendered unable to process SNAP benefits for 600 of its customers.

Grocers and food companies across the nation have offered support to federal workers in a variety of ways (see examples here, here, and here).

The temporary reopening of government—effective through February 15—should promise a respite for flagging stores and shoppers.

Deli Market News will continue to report with news on this and other current events effecting the grocery industry.