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Thursday, August 4, 2011

FAA Showdown Over... For Now...

August 4th, 2011

The good news? The crisis over funding the FAA is apparently over. The bad news? It's not really over.

Just in via CBS:

"Senate Majority Leader Harry Reid announced Thursday that Congress has reached a deal to end the partial shutdown of the Federal Aviation Administration.

"I am pleased to announce that we have been able to broker a bipartisan compromise between the House and the Senate to put 74,000 transportation and construction workers back to work," Reid said in a statement. "This agreement does not resolve the important differences that still remain. But I believe we should keep Americans working while Congress settles its differences, and this agreement will do exactly that."

The FAA shut down on July 23 after Congress failed to pass an extension of the agency's existing budget authorization. Congress has done that simple extension, with no strings attached, 20 times in the past four years."

If Congress "settles its deifferences" in a way similar to the debt deal, I would recommend planning travel via rail for the foreseeable future.

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