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CNN CNN Newsroom April 28, 2013 19:48:00 - Vimarsana News

CNN CNN Newsroom April 28, 2013 19:48:00

Faa's work force had to take an unpaid day off. 5800 flies were delayed in the first three days of furloughs. that's compared to 2,500 delays over the same period last year. democrats had argued for a complete fix to the forced budget cuts but les than a week into the furloughs, your elected leaders have intervened to give the department of transportation more flexibility into determining how cuts are made. >> the problem is this is just a band-aid solution. the funding associated with the furloughs at the faa is i think, $253 million. that's one half of 1%. one half of 1% of the sequester. ex...

CNN CNN Newsroom April 28, 2013 19:52:00 - Vimarsana News

CNN CNN Newsroom April 28, 2013 19:52:00

House and try to get their cuts undone and i think we may not see that, though, for programs that hit low-ncome people, things like housing assistance, things like the head start, and people that don't necessarily have the same advocates or lobbying dollars as bigger industries. i think those people will still feel the cuts. >> nancy cook and josh, so nice to see both of you. thanks this morning. >> thanks. a tremendous show of support for victims of the boston marathon bombing through crowd funding online. more than $25 million from all over the world was raised in one week. what you need t...

CNN Your Money April 27, 2013 18:23:00 - Vimarsana News

CNN Your Money April 27, 2013 18:23:00

Likely we'll see an ultimate full fix of the sequester. what this has done is really encourages special interests and different groups to say, hey, if you lobby enough and you cause enough stink, you can certainly get your portion of the cuts undone. so i think what we'll see is a huge effort by i lobbying and special interest groups to go to congress and go to the white house and try to get their cuts undone and i think we may not see that, though, for programs that hit low income people, things like housing assistance, things like the head start, and people that don't necessarily have the sa...

CNN Your Money April 27, 2013 18:22:00 - Vimarsana News

CNN Your Money April 27, 2013 18:22:00

Throw in a little bit of bad weather early in the week in new york and the effects were very, very clear to everybody. >> josh, i know it was a pain. it was a real pain in the neck. was the flying public ever at risk? >> from a safety perspective, no, and of course the faa managed air space capacity in order to maintain the same level of safety. it was never a question of risk to the traveling public. it is just that given the safety standards that have to be maintained, when you take controllers out of the picture, and you have to make do on a lower staffing level, there is going to be fewer ...

CNN Your Money April 27, 2013 18:20:00 - Vimarsana News

CNN Your Money April 27, 2013 18:20:00

$253 million. that's one half of 1%. one half of 1% of the sequester. >> hopefully any delays you experience now can just be blamed on the usual misery of flying. nancy cook is an economic and fiscal policy correspondent for the national journal and josh marks, the executive director of the aviation institute. nancy, i want to start with you. one month into the forced budget cuts polls show around half of americans still don't know whether the cuts were good or bad for the country. was this week's flying frustration enough to change that? >> well, i think that we're just starting to see the cu...