On Wednesday, President Obama told Congress to pass a reauthorization of the Federal Aviation Administration authorization bill which lapsed about two weeks ago. The President didn't say whether he preferred Congress to come back to pass the bill or just do it by "unanimous consent" from home, but he used his bully pulpit to send a clear message: get it done by the end of the week.
This isn't likely to happen. The Senate would need to agree unanimously to the House version passed a few weeks ago. Senator Rockefeller (D-WV), Chairman of the committee of jurisdiction has rejected that approach. He has instead called on the House to unanimously agree to a six week "clean" version of the bill. House Speaker Boehner (R-OH) has refused to ask House members to sign off remotely on the Senate Democratic alternative (I am having flashes of deja vu ).
What does this mean for travel buyers?
Unless something drastic happens like COMPROMISE, then the tax rebates will continue to be available. However, the IRS will have to clarify the tax rebate guidance.
Click here for an "article" on the airlines stance on increasing ticket prices when the taxes were suspended.
Read GBTA's Press Release
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