The FAA’s proposed fiscal 2014 budget of $15.6 billion cuts $351 million from fiscal 2012’s actual level largely by trimming airport grants, a move that failed in recent years. The budget, released last week by the Obama administration, includes $9.7 billion for operations, $2.8 billion for facilities and equipment (F&E), $166 million for research and development, and $2.9 billion for the Airport and Airway Trust Fund-backed Airport Improvement Program (AIP). Figures are compared ...

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