Re: Furlough Thread
Originally Posted by
Buster
Oh Bullcrap!!!...You don't know that, You are only speculating based on your own opinion alone..nothing of the sort has ever been mentioned..
Do you have any concrete facts as to this will be the alternative?
if so, Please present them here and now..
The FAA has to save $637 million (operating budget), if the contract towers are not closed (50 million dollars savings) the FAA would have to increase furlough days from 11 to 14. Each furlough days saves the agency 15 million dollars. Though I guess the agency could try to find the 50 million from somewhere else in the operating fund. My project has gone from 19.2 million to 12.4 million already. Which is way above the 5.2% across the board cut.
On a side note, last week I heard from many sources that the furlough days will go from 11 to 5. However, this was prior to the annoucement on the contract towers.
I still believe no one knows anything.
Jeff
Last edited by ATCJeff; 04-06-2013 at 08:14 PM.
Reason: grammer
CURRENT ALLOCATION = 100% G
Fear is the greatest buy signal ever seen in the stock markets - Birchtree
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