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Transportation Sec. Duffy: Shutdown will have 'long term' impacts on air traffic control system
CNBC Television· 2025-11-03 14:42
Air Traffic Controller Workforce - Air traffic controllers are expected to receive pay stubs indicating zero pay for the upcoming week [1] - Many air traffic controllers cannot afford to miss two paychecks [1] - The air system is already short 2,000 to 3,000 air traffic controllers [2] - Current situation is making it more challenging to retain controllers, potentially leading to controllers leaving the system [2] Potential Consequences - Air traffic controllers may need to seek second jobs or change careers due to financial strain [2] - This situation could have long-term impacts on the air system [3]
Senator Ted Cruz on Tax Bill, FAA Reform and LA Protests
Bloomberg Television· 2025-06-10 21:54
Legislative & Policy Focus - The Senate Commerce Committee is working to pass a bill to deliver on promises made to the American people, including securing the border, rebuilding the military, and extending the 2017 tax cuts [2][3] - The bill includes a $12.5 billion investment in modernizing air traffic control systems, addressing outdated equipment and embracing modern technology like GPS [8][9][10] - The Commerce Committee is considering a tweak to the moratorium on state aid laws, tying it to the federal broadband expansion program, which may face challenges before the parliamentarian [4][5] - The senator advocates for technology decisions based on merit, citing the $42 billion broadband program that failed to connect a single home due to dislike of StarLink [11][12] Economic Impact & Investment - The senator introduced a provision to create an investment account for every newborn child in America, with an initial $1,000 and the potential for $5,000 annual contributions [21] - Assuming historical S&P 500 growth rates, a child with this account could have $170,000 by age 18 and $700,000 by age 35 [22] - Failure to act by December 31st would result in an automatic $4 trillion tax increase, negatively impacting working families and small businesses [16] Social & Political Issues - The senator criticizes Democrat politicians for not supporting law enforcement and for siding with illegal immigrants and violent criminals [28] - The senator supports the federal government's authority to enforce federal law, drawing parallels to the civil rights movement [30] - The senator believes birthright citizenship encourages illegal immigration and has long advocated for changing that policy [19]