Biggest US banks clear first hurdle in Fed's annual stress tests
Watch a NYC Bus Careen Backwards Down the Street with No Driver
Vacation Bible school listing for June 17
US oil output hampering market rebalancing: OPEC
GOP Senator doubts aviation bill will include Trump's air traffic control plan
08 June 2017, 02:14 | Ignacio Smith
The White House said the model would speed up efforts to update air traffic control technology, reduce flight delays and remove operations from the financial and political uncertainty of Congress.
U.S. President Donald Trump on Monday moved to privatize the U.S. air traffic control system, as part of a larger scheme to improve the country's infrastructure. With the technology available today, this would no longer be necessary and the control center could be relocated, with air traffic controllers using digital displays.
Steinberg admits that while the current ATC system is older and not always ideal, it keeps air travelers safe through some of the world's most complex air corridors in the U.S. In response to previous such comments by the president, the FAA has said that the current efforts to modernize air traffic operations, dubbed NextGen, have delivered some $2.72 billion in benefits and is running ahead of schedule and under budget on several major initiatives.
The President wants to create a modern non-profit organization that operates not on taxes, but on fees paid by those who use US airspace.
If you're not near a major hub, they could jack up landing fees for small airlines and civilian aircraft.
Among the complaints: The nonprofit would be given the air-traffic control assets at no cost, though no company would buy the equipment in this scrapyard. The White House officials said the new entity would be overseen by a 13-member board that will include representatives from the airline industry, unions, general aviation, airports and other sectors.
"I would say slim to none", Craig Fuller, an aviation consultant who has monitored the fight over air-traffic control for years, said of the proposal's chances.
Senate Plans for Mid-Summer Health Care Vote That legislative vision appeared to sway some on-the-fence members who could prove critical to cobbling together 50 GOP votes. The White House must do more than simply be willing to sign what the GOP-led Congress sends to the president's desk.
President Trump said his plan to reform the country's air traffic control system will save money, but a study released previous year predicts a 20 to 29 percent increase in operational costs over the next decade if the system is privatized. "The idea that we would take the safest system in the world and the most complicated, and suddenly privatize it, that's insane", he said.
"Wait, why won't you tell us the country?"
But winning congressional approval could still be an uphill battle for Trump. Sen. "The current publicly operated system - the safest in the world - needs more public investment, not private control".
So far, the person holding much of the power over the bill in the Senate, John Thune, the South Dakota Republican chairman of the Commerce, Science and Transportation committee, stopped short of endorsing the measure in an emailed statement Monday.
Democrats have also pointed to the unprecedented safety under the current system and noted repeated computer system failures in recent years by USA airlines, questioning whether they are ready to handle complex technology modernizations.
Many big commercial airlines support privatization, and Trump's proposal even lets airlines help shape the new air traffic control organization's board of directors.
Leaked NSA report highlights deep flaws in US elections
CBS News confirmed the authenticity of the report Monday after the five page document was published by "The Intercept". Sumter officials did not respond to requests for comment, and it is unclear if they received the email.
Oracle beats Kiwis in Bermuda for America's Cup bonus point
As such, they will take a bonus point with them into the best-of-13 Cup Match, effectively the regatta final, later in the month. Oracle started that series down two points after being penalized for the biggest cheating scandal in America's Cup history.
Japan vows action against North Korea's missile test
May 14: North Korea test-fires its newly developed Hwasong-12 missile, which it says can carry a heavy nuclear warhead. A US Navy spokesman in South Korea did not give specific timing for the strike group's planned drill.
ESPN Parts Ways With John Clayton In Ongoing Layoffs
Longtime NFL insider John Clayton is reportedly the latest big name to be let go as part of the network's major restructuring. Clayton also has a radio show and in 2007 was inducted into the writers' wing of the Pro Football Hall of Fame.