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11:21 pm, November 23, 2014

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FAA cuts could trigger $20 billion blow to national economy

The Federal Aviation Administration is slated to lose $1 billion from its budget if Congress does not act to prevent sequestration, according to a study released by the Aerospace Industries Association. But the cuts would ripple throughout the nation's economy. About 100,000 jobs throughout the economy would be lost.

Tags: FAA , Stephen Mullin , Econsult Corporation , NextGen , Aerospace Industries Association , Transportation Department , sequestration

Monday - 08/13/2012, 10:54pm EDT
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