Posted on February 23rd, 2019
Five years of negotiations in Congress came to an end last week as President Barack Obama signed H.R. 658, the FAA Modernization and Reform Act of 2012, into law. The bill, which keeps the fuel tax at existing levels and does not include user fees, provides $63.4bn to fund the Federal Aviation Administration through 2015,…
Posted on August 4th, 2011
Senate majority leader Harry Reid (D-Nev.) announced this afternoon that Congress has reached a bipartisan compromise that will allow temporary funding of the FAA through mid-September and end a two-week partial shutdown of the agency. “This agreement does not resolve the important differences that still remain,” Reid noted in a written statement, “but I believe…
Posted on July 27th, 2011
Washington – Airlines benefiting from a unplanned federal tax holiday should save the money for the government or pass it along to the passengers, but should not pocket the money themselves, key congressional leaders said Tuesday. At issue is millions of dollars in passenger taxes — taxes ordinarily collected by the airlines. But since Saturday,…