The U.S. Senate is considering whether or not to fund the Federal Aviation Administration. The House of Representatives approved the bill Wednesday to continue funding. But if the Senate defeats the measure, funding for the FAA would stop on Saturday.
General aviation industry officials say, 7,000 Georgians go to work everyday in their industry -- and that should be good reason to keep a tax break in place for the wealthy customers who buy private airplanes. Current federal budget negotiations have opened a torrent of criticism toward what some -- including President Obama -- characterize as a tax loophole for fat cats.
Medicaid spending is one of the areas targeted in negotiations over reducing the federal budget deficit. Health care advocacy group Families USA says a 5 percent reduction in Medicaid funding could put $670 million in economic activity and 5,800 jobs at risk in Georgia. Georgia will spend nearly $7.5 million in federal and state money on Medicaid this fiscal year to serve roughly 1.5 million Georgians.