In an earlier post I commented on the boondoggle taking place as a result of the Congressional Republicans refusing to approve funding to continue a significant number of airport renovation projects. Well, this evening it was announced that a “deal” had been worked out and the 74,000 workers who had been laid off will soon be back at work.
The tragedy is that the entire fight was over Republicans wanting to do away with subsidies to smaller airports amounting to $16 million a year. In doing so the government has been loosing $30 million dollars a day in lost tax revenue and other associated costs. Total unrecoverable revenue losses are in excess of $350 million dollars.
I hope nobody really questions why the American people have such a stunned look on their faces.