Thursday, August 4, 2011

CongressWasting $30 Million - per day! WTF.

Imagine if you went to a store and bought a state of the art TV to be delivered tomorrow. Then the store owner took your money, gave it to someone else, and never delivered your TV. You're suddenly out thousands of dollars and have nothing to show for it. This is exactly how congress is treating our airline tax dollars, and we can't afford to tolerate it.

Probably the largest news story, and most embattled congressional debate of this year centered around the debt ceiling. Let's not forget that this conflict nearly took every single American into a economy of higher interest rates across the board. Do you want to pay more for your next car, TV or credit card bill? Me neither. Thank goodness our dedicated, hardworking Congress worked tirelessly to come to a compromise.

But they forgot one little thing before heading out to play on their swings for recess. Well - they forgot one big thing actually - $30 million a day in uncollected taxes. Wait, what? Yeah...I know. Congress left for vacation without passing a bill to continue to fund the FAA, which causes a few really big problems.

1) 4,000 FAA workers are furloughed until some kind of bill is passed.
2) $2.5 Billion dollars in airport construction is put on hold - meaning no one one those projects gets paid.
3) 70,000 contractors are laid of or furloughed because there is no money to pay them on those construction projects.
4) $30 million per day in tickets taxes are not allowed to be collected by the Government (but the airlines are still charging them!). It is estimated this will amount to $1 billion in lost revenue.

What kind of bullsh$t politicking is this? Everyone on the Hill spends weeks waxing poetically about saving our economy reducing our debt/income gap, but they leave $1 billion completely out of reach because they'd rather go play in their respective sandboxes than sit down and actually do their job. This is irresponsibility to the Nth degree, and none of us should stand for it.