The pandemic’s effect on global travel has cost the U.S. economy billions in lost spending, imperiled the livelihoods of millions of American workers and jeopardized travel businesses of all sizes.
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The travel industry is one of the hardest-hit industries in the economic fallout of the public health crisis: It is clear that there can be no broader economic recovery without a recovery within the travel industry. Until widespread travel fully resumes without restrictions, the travel industry will continue to need federal assistance to maintain operations and expedite the recovery process.