NBAA: New CBO Report Says ATC Privatization Bill Swells Deficit By $100 Billion
/The National Business Aviation Association (NBAA) highlighted the latest concern over a congressional proposal for privatizing air traffic control (ATC), resulting from Congressional Budget Office (CBO) findings that pending legislation to privatize ATC would grow America’s budget deficit by nearly $100 billion.
The updated analysis of the legislation, H.R. 2997, released this week, comes after top House Democrats asked the non-partisan CBO to take another look at the bill. The House members noted that the House Rules Committee made significant changes to the bill for the chamber’s consideration, including the addition of a tax title.
