James48843
TSP Talk Royalty
- Reaction score
- 569
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
I had several meetings in the last two weeks with some very very senior FAA executive folks, including some directly responsible for finance, and there was no hint at all at anything LESS than 11 days. They were all talking that 11 could get us where we needed to go, IF the forecasts on retirements were accurate.
I don't know where any rumors about five may have started, but I can say those are just baseless rumors, from my branch of FAA's (AVS) perspective, and the discussions I've had over the last three weeks.
Jeff is right- if the tower contracts are off the table for now- that has to be made up somewhere, and it is not good. None of this is good.