The House of Representatives is moving quickly today to finalize a Senate-passed plan that will ease air traffic delays.
Congress goes into recess at the end of this week and politicians fearful of leaving constituents dealing with flight delays and cancellations for another week has put pressure on them to act.
Business travelers and vacationers have been taking the brunt of the Obama administration proposed sequester since FAA furloughs started last Sunday.
In a self-condemning statement, White House spokesman Jay Carney said, ” Ultimately, this is no more than a temporary Band-Aid that fails to address the overarching threat to our economy posed by the sequester’s mindless across-the-board cuts.”
Delays have averaged 30 to 75 minutes at hubs in Boston, New York and Los Angeles.
Hmmm… our GDP to debt is 105% and growing, and that’s not including our unfunded debt (i.e., social security, medicare, etc.)…. And if you believe that our GDP actually grew by 2.5% last quarter, I have a ocean view property in Arizona to sell you… Total US Debt To GDP: 105%
https://www.zerohedge.com/news/2013-04-26/total-us-debt-gdp-105