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Senate FAA Bill In Peril As Leaders Drop Pension Provision
By Martin Vaughan, Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- Senate leaders Wednesday sought to resolve a dispute over a bill to modernize aviation infrastructure by stripping out a pension provision opposed by American Airlines parent AMR Corp. (AMR) and Continental Airlines Inc. (CAL).
But they ran into another hurdle as Senate Republicans said they will oppose the bill, because GOP senators are not free to offer amendments. The bill is the Aviation Investment And Modernization Act Of 2008, which would provide the Federal Aviation Administration with its funding for the next four years.
Senate Majority Leader Harry Reid, D-Nev. used a parliamentary technique known as "filling the tree" that ensures that only the amendments that he agrees to can come to the Senate floor to be considered.
"This makes it impossible to get enough cooperation on the minority side," said Senate Minority Leader Mitch McConnell, R-Ky., on the Senate floor late Wednesday.
FULL STORY
This whole things smacks of under the table payola!
By Martin Vaughan, Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- Senate leaders Wednesday sought to resolve a dispute over a bill to modernize aviation infrastructure by stripping out a pension provision opposed by American Airlines parent AMR Corp. (AMR) and Continental Airlines Inc. (CAL).
But they ran into another hurdle as Senate Republicans said they will oppose the bill, because GOP senators are not free to offer amendments. The bill is the Aviation Investment And Modernization Act Of 2008, which would provide the Federal Aviation Administration with its funding for the next four years.
Senate Majority Leader Harry Reid, D-Nev. used a parliamentary technique known as "filling the tree" that ensures that only the amendments that he agrees to can come to the Senate floor to be considered.
"This makes it impossible to get enough cooperation on the minority side," said Senate Minority Leader Mitch McConnell, R-Ky., on the Senate floor late Wednesday.
FULL STORY
This whole things smacks of under the table payola!