Saturday, June 7, 2008

Senate to vote on FAA funding for air traffic control

On April 27, CharterX Industry Headline News reported that it was likely that the United States Senate was likely to vote on Federal Aviation Administration funding on April 28, which happened in an 88-0 vote [yes, some Senate folks were missing], to move a FAA funding bill closer to the desk of President George W. Bush, who will be forced to veto or to sign a final bill--soon. Today's vote centered on FAA reauthorization funding, long overdue, which would fund the agency through Sept. 30, 2011.


FAA funding will provide $800 million over the next three years to modernize the nation's air traffic control system. The majority of such funding, from the Senate vote, will be paid for by private general aviation in the way of increased excise jet fuel taxes increasing to 36 cents per gallon of fuel from the exiting 21.9 cents per gallon of fuel.

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