FAA Shutdown Costs Could Exceed $1.2 Billion - 0 views
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After last night's vote on the debt ceiling compromise, the House adjourned for the summer but left nearly 4,000 Federal Aviation Administration employees, who have been furloughed because of a funding impasse, in limbo.
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"The political impasses is about Republican demands to cut $16.5 million from rural air service subsidies. But The Associated Press reports that during the 10-day shutdown, the government has lost more than $250 million and it stands to lose more than $1 billion in revenue from uncollected airfare taxes."