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Topline White House adviser Kevin Hassett said Friday the impact of the government shutdown is “far worse than we expected,” warning that the airline industry could have “at least a near-term downturn” if the shutdown drags on. Key Facts Hassett, the director of the National Economic Council, told Fox News the shutdown impacts are worse than initially expected, “because it’s gone on for so long,” and predicted the U.S. GDP growth in the fourth quarter will be half the 3% initially estimated. If air travel disruptions continue for, “another week or two, then you could say that they would have at least a near-term downturn,” Hassett said as the shutdown—the longest in U.S. history—surpassed 38 days and is expected to continue through the weekend. This is a developing story and will be updated.
