Monday, February 13, 2012
Massive Fees Coming!
Airlines and their passengers would pay up to $32 billion in new air traffic and security fees over 10 years, and grants to big airports would fall sharply under White House budget proposals on Monday aimed at deficit reduction.
The Obama administration wants major carriers, their passengers, business jets and airports to pick up more of the costs of air travel and airport improvements that for years have been borne by taxpayers.
New fees are sure to trigger strong opposition from airlines and other aviation groups who argue that the industry is already over-taxed and over-regulated.
Ideas quietly floated and then discarded during congressional budget negotiations last summer reemerged in the fiscal 2013 transportation and homeland security portions of the White House budget sent to Congress that outlines $4 trillion in deficit reduction.
Read more HERE
Posted by The Big Setup at 6:37 PM