Friday, March 26, 2010

Senate Approves Short Term Extension of FAA Funding

Thursday evening, the U.S. Senate approved by unanimous vote, H.R. 4853, to provide continued funding for the FAA until July 3, 2010. Included in the bill is over $153 million in funding to cover areas ranging from engineering and development to facilities and equipment, as well as daily FAA operations and airport improvements. While the House and Senate will meet at a later time to resolve their differences over the longer term funding, the current legislation mirrors previous funding levels for the agency.