Detailed text transcripts for TV channel - FOXNEWS - 20130424:02:46:00
Karl, the sequestration, you fly a lot, i fly a lot. a lot of people across the country fly a lot. what's going to happen? >> well, this is not because of the sequestration cuts. let's look at the numbers. the faa budget is about $12.75 billion. they have to cut roughly just under 5%, around $600 million as a result of the sequestration. now what they have decide today do is to do it by taking ten percent of the workforce of the faa, air-traffic controller, and furloughing them but they have alternatives. they on their own authority could take two percent of their budget for consultants. they ...