FAA Split: Trump Proposal Murky On Trust Fund Tax Cut

Credit: John Croft/AW&ST

The White House’s fiscal 2018 budget proposal to split the FAA’s air traffic control and modernization functions from its regulatory and safety operations by 2021 would come with a necessary perk: a hefty cut in the excise taxes that pay for the lion’s share of the agency’s budget every year. The...

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