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  • Short-Term FAA Authorization Passes Senate

    Furloughed FAA staff and contractors return to work

    Updated 1 hr., 45 min. ago
    Short-Term FAA Authorization Passes Senate
    Associated Press

    This morning, Congress resolved a dispute over Federal Aviation Agency (FAA) reauthorization that brought airport construction to a halt around the country and idled some 74,000 FAA workers and construction contractors. Under the unanimous consent procedure, the Senate passed the House's reauthorization bill, including the Mica amendment.

    The President signed the bill this afternoon and according to a White House release the bill extends through September 16, 2011, authorities to collect taxes that fund the Airport and Airway Trust Fund, make expenditures from the Airport and Airway Trust Fund, and make grants to airports under the Airport Improvement Program and limits eligibility for the Transportation Department’s Essential Air Service program, which provides subsidies to maintain commercial air service in small communities. More »

  • Debt Ceiling & Deficit Debate

    Defense Department Faces Budget Cuts

    Panetta worried about debt ceiling agreement

    Defense Department Faces Budget Cuts
    Associated Press

    Defense Secretary Leon Panetta says that potential budget cuts in the compromise debt ceiling agreement passed by Congress this week could be a "doomsday mechanism" that could greatly harm U.S. national security.

    Sec. Panetta and Joint Chiefs Chairman Adm. Mike Mullen briefed members of the press yesterday at the Pentagon. This was Panetta's first news conference since taking over from Robert Gates. More »