You don’t say - Air Space Intelligence, an Al-powered air-traffic software start-up, won a $875 million contract with the Federal Aviation Administration just months after its corporate PAC donated to Alfonso, Sean Duffy’s son in law.
https://t.co/o424fz98KL
I think there should be a lot more questions being asked about David Sacks, who spent years furiously lobbying for the US to induce Ukraine's surrender and then used his position in government to lobby on behalf of giving the CCP unfettered access to Nvidia chips.
Congress actually has funded $50 billion for FAA improvements in the past five years.
2021: Infrastructure Investment and Jobs Act. $25 billion
2025: One Big Beautiful Bill Act. $12.5 billion.
But most of that, like Duffy's $30 billion act, is not for telecomm. upgrades.
Duffy & Mullin point the blame on Congress for a lack of funding to upgrade air traffic control systems.. both were members of Congress (Mullin just a few months ago).. their party has controlled Congress for two years and has done little to propose funding for a major upgrade.
Airlines are now being told by the Federal Aviation Administration (FAA) that the nationwide outage and resulting ground stop was prompted by a problem with network routers, starting at Chicago Midway International Airport, a source tells CNN.
The US government now holds equity stakes in 41 private companies.
No congressional approval, no public debate. Unprecedented.
We launched the Restoring Free Enterprise project to push back. #CatoRFE
https://t.co/4xUMIcn5L2
WSJ: "The outage appears to be affecting a telecommunications network overseen by L3Harris Technologies, according to people briefed on the matter. The network handles crucial radio frequencies that air-traffic controllers use to communicate with pilots, the people said. It wasn’t immediately clear whether the outage also affected the radar feeds that controllers use to keep aircraft safely separated in the skies. An L3Harris spokeswoman didn’t immediately respond to a request for comment."
https://t.co/FYIjla1gYd
The former had the FAA is on CNN telling people if they're in an airport right now they should grab some snacks and look for a chair without arms to lay down on because that's where they are gonna be sleeping.
There's numerous college football teams that have yet to fly to their destinations. If this continues, it could significantly impact college football tomorrow.
JUST IN: A federal judge rules that ICE likely seized an immigration lawyer's phone in retaliation for his 1st amendment speech.
https://t.co/HMt9HdSt8r
It's not "malicious compliance" if you write bad laws that are vague and incredibly broad, particularly when those laws are often paired with malicious enforcement.
Another day, another worrying US inflation statistic.
PPI (basically business inflation) is +6.5% in the past year. That's even hotter than the ~4% consumer inflation.
Businesses are almost certainly going to pass some of those higher costs onto consumers. It's yet another worrisome inflation risk heading into 2027.
And no, it's not all diesel/gas.
PPI excluding food and energy = +5.0%
CPI excluding food and energy = +2.8%