Trumps air traffic overhaul would add $100B to deficit, says new analysis
Source: The Hill
President Trump’s proposal to privatize air traffic control would add nearly $100 billion to the federal deficit over the next 10 years, according to a new analysis.
An initial cost estimate from the Congressional Budget Office (CBO) projected that the legislation, which would reauthorize the Federal Aviation Administration (FAA) for six years and transfer the country’s air navigation system to a nonprofit corporation, would add $20.7 billion to the federal deficit.
But that was before necessary tax provision changes were made to the bill when it was filed with the House Rules Committee, where measures are teed up for floor debate.
Democrats demanded a revised score from the CBO, predicting that the updated version of the measure would add “tens of billions” to the bill’s cost.
Read more: http://thehill.com/policy/transportation/346873-trumps-air-traffic-overhaul-would-add-100b-to-deficit-says-new-analysis
But let's not forget, the republicans say the CBO should be disbanded..............it's the only current agency that is saving us from complete destruction, if the republicans had there way.............
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