Without an agreement in the Senate Tuesday on extending FAA funding, the FAA’s partial shutdown appears destined to stretch into September, potentially costing the Airport and Airways Trust Fund $1 billion. In an abrupt turnabout, the administration pressed Congress to strike any deal to get the FAA back up and running. Initially, Transportation Secretary Ray LaHood advocated for a clean extension of the FAA reauthorization bill, one that was essentially unchanged from one that had ...

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