Trump’s Air Traffic Overhaul Would Add $100B to Deficit, Says New Analysis

Aug. 17, 2017
An initial cost estimate from the Congressional Budget Office projected that the legislation would add $20.7 billion to the federal deficit.

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.

Read more: http://thehill.com/policy/transportation/346873-trumps-air-traffic-overhaul-would-add-100b-to-deficit-says-new-analysis