Tue, Sep 07, 2010
Aviation Infrastructure Improvements Part of Massive New $50B
Spending Plan
The government is about to toss another $50 Billion into its
spending plans... though, this time, one of the benefactors is the
aviation industry. Where that money may actually come from,
however, has yet to be disclosed...
According to the White House, "The President (Monday) laid out a
bold vision for renewing and expanding our transportation
infrastructure – in a plan that combines a long-term vision
for the future with new investments. A significant portion of the
new investments would be front-loaded in the first year.
This plan would build on the investments we have already made
under the Recovery Act, create jobs for American workers to
strengthen our economy now, and increase our nation’s growth
and productivity in the future. At the same time, the plan would
reform the way America currently invests in transportation,
changing our focus to enhancing competition, innovation,
performance, and real analysis that gets taxpayers the best bang
for the buck, while moving away from the earmarks and formula
debates of the past. In prior years, transportation infrastructure
was an issue that both parties worked on together, and the
Administration hopes the same can be true now."
In addition to massive dollars for roads and railways, money has
been committed to the building of 150 miles of runways (no word as
to whether this means new runways or improvements to elder
properties), as well as dollars for FAA's long-awaited and heavily
touted "Next-Gen" efforts.
The Administration further notes that it, "...proposes to invest
in our nation’s airports by improving their runways and other
equipment and facilities. We also propose a robust investment in
our effort to modernize the nation’s air traffic control
system (NextGen). This investment will help both the FAA and
airlines to install new technologies and, among other improvements,
move from a national ground-based radar surveillance system to a
more accurate satellite-based surveillance system – the
backbone of a broader effort to reduce delays for passengers,
increase fuel efficiency for carriers, and cut airport noise for
those who live and work near airports."
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