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Transportation Secretary Sean Duffy said Monday that the government shutdown is putting more stress on air traffic controllers who already have an extremely stressful job, as well as threatening a program that small communities rely on to help subsidize airline service.Controllers are expected to continue working without a paycheck, Duffy said, so they are now worried about how to pay their bills in addition to worrying about keeping flights safe. And there have started to be instances of controllers calling out sick, leading to delays at several airports Monday.“Now what they think about as they’re controlling our airspace is, how am I going to pay my mortgage? How do I make my car payment? I have a couple kids at home. How do I put food on the table? I’m working six days a week. Do I have to take a second job and drive Uber when I’m already exhausted from doing a job that’s already stressful to think about how I can make extra money because the government may not provide me a paycheck?” Duffy said.Travelers at Newark Liberty International Airport, where Duffy held his news conference, said controllers should be paid for their work.“Everyone should get paid for what they are doing. Of course it bothers me,” said Daniel Johansson from North Carolina.A traveler from Utah, Nancy Taylor, agreed.“Yeah, that would be hard to work for no pay,” Taylor said. “But I think they understand the importance of their job. And the safety that provides to us as travelers. They need to get paid.”The Transportation Department has been able to keep the air traffic controller academy in Oklahoma City open for now with funding from previous years, but Duffy is still concerned about the potential impact on efforts to hire and train new controllers in the hope of eliminating a longstanding shortage. Duffy said the support staff who train controllers after they come out of the academy could be laid off.The head of the air traffic controllers union, Nick Daniels, stayed away from political comments, but he urged Congress to end the shutdown. “We need to bring this shutdown to a close, so that the Federal Aviation Administration and the committed aviation safety professionals can put this distraction behind us, and completely focus on their vital work,” Daniels said.Duffy said there has already been a small uptick in controllers calling out sick in a few places. Anytime that gets worse and creates a shortage of controllers, the FAA reduces the number of takeoffs and landings to ensure controllers aren’t overwhelmed and the system remains safe. But that creates delays and possibly cancellations. Near the end of the 35-day shutdown during the first Trump administration, there were widespread flight delays because of shortages of controllers.By Monday evening, the FAA was reporting that staffing shortages were creating delays in the Burbank, Newark and Denver airports. The worst problems were in Burbank, where California Gov. Gavin Newsom said no controllers were on duty during the evening, leading to average delays of two-and-a-half hours at that airport.The Essential Air Service program that subsidizes airline service to small communities across the country will also quickly run out of money. Duffy said that program enjoys strong bipartisan support and provides an important lifeline to many small communities. It is especially important in Alaska, where flying is the only way to travel between many communities.“That money runs out this Sunday. So there’s many small communities across the country that will now no longer have the resources to make sure they have air service in their community,” Duffy said. Associated Press videographer Joseph B. Frederick contributed to this report from Newark, New Jersey. Josh Funk, AP Transportation Writer
Category:
E-Commerce
Democrats believe health care is an issue that resonates with a majority of Americans as they demand an extension of subsidies in exchange for their votes to reopen the shuttered U.S. government. But it is also one of the most intractable issues in Congress and a real compromise amid the government shutdown will not likely be easy, or quick.There are some Republicans in Congress who want to extend the higher subsidies, which were first put in place in 2021 amid the COVID-19 pandemic, as millions of people who receive their insurance through the Affordable Care Act marketplaces are set to receive notices that their premiums will increase at the beginning of the year. But many GOP lawmakers are strongly opposed to any extension and see the debate as a new opportunity to cut back on the program altogether.“If Republicans govern by poll and fail to grab this moment, they will own it,” wrote Texas Rep. Chip Roy, a Republican, in a letter published in the The Wall Street Journal over the weekend. He encouraged senators not to go “wobbly” on the issue.“The jig is up, the pandemic is over and my colleagues shouldn’t blink in any other direction,” Roy wrote.Republicans have been railing against the Affordable Care Act, former President Barack Obama’s signature health care law, since it was enacted 15 years ago. But while they have been able to chip away at it, they have not been able to substantially alter it as a record 24 million people are now signed up for insurance coverage through the ACA, in large part because billions of dollars in subsidies have made the plans more affordable for many people.Now, some of them see the Democrats’ fight as their chance to revisit the issue putting Republican congressional leaders and President Donald Trump in a complicated position as the government shutdown enters its seventh day and hundreds of thousands of federal workers are going unpaid.“I am happy to work with Democrats on their Failed Healthcare Policies, or anything else, but first they must allow our Government to reopen,” Trump wrote on social media Monday night, walking back earlier comments saying there were ongoing negotiations with Democrats. Waiting for the other side to blink Senate Majority Leader John Thune, R-S.D., has repeatedly indicated that Republicans are open to extending the subsidies, with reforms, if Democrats would reopen the government. But he has refused to negotiate until that happens and has suggested Trump will be key to the eventual outcome.Thune told reporters Monday “there may be a path forward” on ACA subsidies, but stressed, “I think a lot of it would come down to where the White House lands on that.”Many GOP senators argue the only path forward is to overhaul the law. “The whole problem with all of this is Obamacare,” said Florida Sen. Rick Scott.Most House Republicans agree, and House Speaker Mike Johnson has been noncommittal on discussions.“Obamacare is not working,” Johnson said Sunday on NBC’s “Meet the Press.” “We’re trying to fix it.”Democrats believe that public sentiment is on their side and argue that Trump and Republicans will have to come to the negotiating table as people who are enrolled in the program, many of whom live in Republican districts and states, are notified that their rates will increase.“All I can tell you is the American people feel very deeply about solving this health care crisis,” Schumer said after the Senate rejected a House-passed bill to reopen the government for the fifth time Monday evening. “Every poll we have seen shows they want us to do it, and they feel that the Republicans are far more responsible for the shutdown than we are.” Bipartisan talks face difficulties With leaders at odds, some rank-and-file senators in both parties have been in private talks to try to find a way out of the shutdown. Republican Sen. Mike Rounds of South Dakota has suggested extending the subsidies for a year and then phasing them out. Senate Appropriations Committee Chairwoman Susan Collins, R-Maine, has suggested pushing ahead with a group of bipartisan spending bills that are pending and a commitment to discuss the health care issue.But many Democrats say a commitment isn’t good enough, and Republicans say they need deeper reforms leaving the talks, and the U.S. government, at a standstill.Maine Sen. Angus King, an Independent who caucuses with Democrats, voted with Republicans to keep the government open. But he said Monday that he might switch his vote to “no” if Republicans do not “offer some real solid evidence that they are going to help us with this crisis” on health care.Republican Sen. Markwayne Mullin of Oklahoma said his party is “not budging,” however. “First and foremost, before we can talk about anything, they need to reopen the government.” Some Republicans urge action on health care Still, some Republicans say they are open to extending the subsidies even if they don’t like them as it becomes clear that their constituents will face rising costs.“I’m willing to consider various reforms, but I think we have to do something,” said Republican Sen. Josh Hawley of Missouri. He said Congress should address the issue “sooner rather than later” before open enrollment begins Nov. 1.Rep. Marjorie Taylor Greene, R-Ga., said she is “not a fan” of Obamacare but indicated she might vote to extend it.“I’m going to go against everyone on this issue because when the tax credits expire this year my own adult children’s insurance premiums for 2026 are going to DOUBLE, along with all the wonderful families and hard-working people in my district,” she posted on social media Monday evening. Mary Clare Jalonick, Associated Press
Category:
E-Commerce
Are you ready to hand over control of your portfolio to artificial intelligence? Fahad Hassan, cofounder and CEO of AI-powered wealth management platform Range, thinks you should seriously consider it. Hassans five-year-old company is introducing Rai, a new proprietary AI wealth advisor that, he believes, will give a huge swath of American households access to the sophisticated advice and planning that was traditionally only accessible to those with sky-high net worths. Rai is the first product, the first AI agent, that we believe can do the work of human advisors just as well, if not better, Hassan says. And while plenty of other fintech companies have rolled out or otherwise introduced AI tools to help with wealth planning in recent years, Hassan says that Rai is different for a couple of key reasons. [Image: Range] First, Rai has access to more and better data than other tools, Hassan says. Ranges customers who use Rai can connect dozens of accounts (real estate information, retirement and investments, restricted or private stock holdings, etc.). That gives the tool a broader picture of an individuals financial status. Second, Rai has been rigorously trained against regulatory standardsthat is, its designed to pass the sorts of exams that human advisors would need to pass, which are administered by organizations like the Financial Industry Regulatory Authority (FINRA). Not only that, but that level of sophistication also allows Rai to continuously self-improve and learn as it goes. But Hassan says that Rai goes yet another step further. It can take action against your money, such as file your taxes, develop an estate plan, and more, he says. Those sorts of actions, which would traditionally require that customers enlist an accountant or an attorney, can now be done in-house by Rai, potentially saving users huge amounts of money. We can provide hundreds of thousands of dollars in value in 10 seconds, Hassan says. You dont need to wait for a human anymore. More Waymo than Uber? If this sounds something like Robinhood for wealth advisories, Hassan says thats not quite the goal. We think of this as Waymo, not Uber, he adds. Uber democratized access to ride-sharing and connected drivers with riders. It may be more helpful to think of Rai as connecting you with a ride, and doing the driving. Its a one-stop shop, and you can access it without the relationship-building processcountry club lunches, tee times, or whatnotthat human advisors traditionally use to build their client bases. Headquartered in McLean, Virginia, Range most recently raised $28 million in a November 2024 round led by Cathay Innovation, 10X Group, Brave Capital, Gaingels, and others, according to data from PitchBook, for a total raised to date of $40 million. Of course, whether or not people adopt Rai, like they did Robinhood or other financial tools, has yet to be seen. If they do, the tool could potentially shake up a lucrative yet traditionally walled-off branch of financial services for more households. It’s the speed and granularity that the companys leadership believes will make a difference. Rai analyzes your complete financial picture in secondsevery account, every asset, every opportunity, said David Cusatis, Range’s cofounder and CTO, in a statement. We built proprietary technology to deliver recommendations that no human advisor could match at this speed and scale.
Category:
E-Commerce
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