NATA Disappointed In President's Budget Proposal | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.20.24

Airborne-NextGen-05.21.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

Thu, Apr 11, 2013

NATA Disappointed In President's Budget Proposal

Urges Congress To Oppose Provisions Detrimental To General Aviation Businesses, Jobs

The National Air Transportation Association (NATA) expressed disappointment in the Obama Administration's fiscal year 2014 budget proposal released Wednesday, which includes a $100 per flight user fee on general aviation as well as a change in the current tax depreciation schedule for general aviation aircraft.

"NATA is very disappointed that the President has once again proposed costly user fees on general aviation. This idea has been rejected by Congress on several occasions and NATA and the entire general aviation industry will continue to work hard to ensure that the user fee proposal doesn't see the light of day. We need to embrace ideas that create jobs, reduce burdens imposed on businesses, and improve our Nation's economy. This user fee proposal will kill jobs, create burdens on businesses, and dampen our economy," said President and CEO Thomas L. Hendricks (pictured).

A letter opposing user fees on general aviation, signed by 223 bipartisan Members of Congress, and sent to the President last week mentioned that the proposal should be abandoned once and for all.

The President proposes a $3.77 trillion budget for next fiscal year, which begins on October 1st, 2013. According to House Budget Committee Chairman Paul Ryan the President's budget proposal raises taxes by $1.1 trillion, increases spending over current levels by $964 billion, and adds $8.2 trillion to our nation's debt.

FAA Administrator Michael Huerta informed NATA and other aviation stakeholders on a conference call today that the President's budget, with respect to the FAA, proposes to fund the Agency at $15.6 billion in fiscal year 2014.

The President also proposes to increase the depreciation recovery period for general aviation airplanes, such as corporate jets, from its current five years to seven years. "This would be another hit on general aviation that simply doesn't do much in terms of deficit reduction but would certainly have a negative impact on the aircraft manufacturing sector and we will continue to urge Congress to dispose of this proposal as well," concluded Hendricks.

FMI: www.nata.aero

Advertisement

More News

Samson Sky Hits the Wind Tunnel

Improvements Stack as Brand Readies for Mass Production Samson Sky updated followers on its flying car progress, describing some of the travails of the wind tunnel as they get clos>[...]

ANN's Daily Aero-Term (05.22.24): LAHSO

LAHSO An acronym for “Land and Hold Short Operation.” These operations include landing and holding short of an intersecting runway, a taxiway, a predetermined point, or>[...]

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

ANN's Daily Aero-Linx (05.19.24)

Aero Linx: Space Medicine Association (SMA) The Space Medicine Branch was founded in 1951 as the first constituent organization of the Aerospace Medical Association (AsMA). In 2006>[...]

ANN's Daily Aero-Term (05.19.24): Back-Taxi

Back-Taxi A term used by air traffic controllers to taxi an aircraft on the runway opposite to the traffic flow. The aircraft may be instructed to back-taxi to the beginning of the>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC