WASHINGTON, D.C. — Money continues to be the topic dominating the conversations and actions here as the President, Congress, and businesses, including aviation groups, face a series of challenges.
The federal debt is passing $16.5 trillion and increasing at the rate of $3.2 million a day. The President wants more taxes to slow it. That’s one spot where aviation groups differ with him. They also differ with his proposals to assess a fee on all flights using Air Traffic Control services and a reduction on the depreciation schedule for general aviation and business aircraft.