Skip to content
Subscriber Only

FAA Loses $30 Million a Day as Tax-Collecting Powers Lapse

The Federal Aviation Administration said it’s losing $30 million a day in taxes because Congress let the agency’s revenue-raising authority expire.

Airlines can’t collect excise taxes on tickets, fuel and cargo until Congress passes legislation to extend the FAA’s authority, Randy Babbitt, the agency’s administrator, said today on a conference call from Washington. The FAA operated through July 22 under a series of 20 short-term extensions, after its multiyear funding legislation expired in 2007.