...House Ups Ante On Transportation Spending...

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Nov 16, 2005
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While the White House was trying to cut FAA spending (perhaps the source of much of this year's funding angst at the agency), the House of Representatives is apparently not thinking that way. Last week, the House approved $14.3 billion for the FAA's 2006 budget, $235 million more than last year and a full $1 billion more than the administration has asked for. According to NBAA's assessment of the bill, which will be considered by the Senate next month, about 30 percent of the $8.19 billion set aside for operations will come from general revenue while the balance will be generated through taxes collected under the Airport and Airways Trust Fund.

http://www.avweb.com/newswire/11_47b/leadn...tml?CMP=OTC-RSS
 

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