Senate Stalls On Debate Of FAA Funding Bill | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 05.25.17

Airborne
05.22.17

Airborne
05.23.17

Airborne
05.24.17

Airborne
05.25.17

Airborne
05.26.17

Airborne-Unmanned 05.23.17

Airborne-YouTube

AMA 05.25.17

Airborne
05.22.17

Airborne
05.23.17

Airborne
05.24.17

Airborne
05.25.17

Airborne
05.26.17

Airborne-Unmanned 05.23.17

XPONENTIAL Innovation Preview -- www.allthingsunmanned.com

Thu, May 01, 2008

Senate Stalls On Debate Of FAA Funding Bill

Take A Whiff... You Can Smell The Political Process...

Well, that didn't take very long. The Senate's bill to reauthorize funding for the FAA stalled in debate Wednesday, after lawmakers clashed on a proposal to more tightly regulate pension funding rules for airlines.

Lawmakers in favor of the plan -- which would regulate the system by which airlines would calculate pensions, so carriers couldn't deliberately undervalue contributions -- were met with swift opposition from senators with close ties to American Airlines and Continental Airlines, reports Reuters.

Those carriers opposed a 2006 overhaul of pension rules, which allowed carriers in bankruptcy extra help in restructuring their pension plans; In 2007, American and Continental -- which avoided entering Chapter 11 -- were granted permission to restructure their plans in similar fashion, which in turn reduced the amount of funding those airlines were required to contribute. 

By Wednesday night, the proposal to end that loophole was dropped... and attention turned to a slew of unrelated riders lawmakers attempted to attach to the bill, including a boost to highway spending (keep in mind we're talking about a bill to fund the Federal Aviation Administration here -- Ed.)

The partisan bickering aggravated Montana Senator Max Baucus, chairman of the Senate Finance Committee. "We've been spending all afternoon here doing nothing," Baucus said.

As ANN reported, the Senate FAA reauthorization plan, S.1300, had been stalled in committee since last September... until a compromise between Baucus and Senator John Rockefeller (D-WV) broke the logjam, and permitted the bill to reach the Senate floor Monday.

That compromise stripped a $25-per-trip-leg user fee on turbine aircraft filing IFR flight plans -- a provision favored by Rockefeller -- in exchange for higher taxes on fuel for corporate aircraft operators.

Rockefeller wasn't thrilled to see the compromise plan hit the partisan wall, either. "I've heard almost no conversation today and virtually none yesterday about the perilous condition of our aviation industry," Rockefeller said Wednesday.

The Senate adjourned until Friday... which all-but guarantees the bill won't come to a vote this week. Or, to look at the situation in a "glass-half-full" manner: if senators aren't debating the bill... they can't screw it up, either.

FMI: www.senate.gov

Advertisement

More News

Memorial Day Celebration Turns Bad With Leap Frogs Accident

Navy SEAL Dies After Parachute Malfunction In New Jersey Normally; Memorial Day is a celebration of those who have fought for the freedoms so many of us take for granted. It's a gr>[...]

Airborne-Unmanned 05.23.17: Courts Nix Model Regs, Autonymous Flt, WATT 300

Also: King Schools Update, Kittyhawk APP, Robird And Integrated Drone Solutions, ICAO Drone Tracking The unmanned community got a bit of a jolt late last week when the US Court of >[...]

AMA Drone Report 05.25.17: Court Kills FAA Model Drone Registration, DJI Spark!

Also: AMA Reacts To Court, FAA Reaction, AUVSI Reaction, Kittyhawk Flight Deck APP Score one for us little guys... As you may have heard, the U.S. Court of Appeals in Washington, D>[...]

Airborne 05.26.17: Elvis' Jetstar, ACJ330neo, Redbull's Muroya Aims For Chiba

Also: Revitalizing The Aero-Verse, NAAA's Concerns, 737 Air Tankers, SD Air & Space Museum, LAX Mishap, Avidyne After sitting on a runway in Roswell, NM for more than 30 years,>[...]

Aero-Help Wanted: ANN Needs Good Honest Marketing Staff

ANN/Airborne/Aero-TV Marketing Department Needs Part or Full Time Personnel E-I-C Note: After months of hints, we've unveiled the next steps in the Airborne programming initiative >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC