Greater Oklahoma City Chamber - Air traffic privatization would add $100B to deficit, says new analysis

Air traffic privatization would add $100B to deficit, says new analysis

Wednesday, August 16, 2017 5:02 pm

by Melanie Zanona

The Hill

President Trump’s proposal to privatize air traffic control would add nearly $100 billion to the federal deficit over the next 10 years, according to a new analysis.

An initial cost estimate from the Congressional Budget Office (CBO) projected that the legislation, which would reauthorize the Federal Aviation Administration (FAA) for six years and transfer the country’s air navigation system to a nonprofit corporation, would add $20.7 billion to the federal deficit.

Read the full story at thehill.com