A House panel has cleared a fiscal 2015 FAA budget that would be slightly below this year’s level and at least 95% funded by existing aviation excise taxes. The House transportation, housing and urban development (THUD) and related agencies appropriations subcommittee on May 7 approved the fiscal 2015 THUD appropriations bill by voice vote without amendment. The legislation now heads to the full Appropriations Committee, which is clearing the fiscal 2015 bills at a ...

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