Majority Of US House Supports New Bailout For Airlines

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A majority U.S. House of Representatives lawmakers signed a letter made public on Monday calling for a six-month extension of a $32 billion payroll aid program that they argue is crucial to keeping hundreds of thousands of aviation workers employed through March 31.

“Without an extension of the (payroll support program) before then, hundreds of thousands of airline workers will be fired or furloughed on October 1,” the lawmakers wrote. The letter, led by House Transportation Committee Chairman Peter DeFazio, was signed by 223 House members, including 195 Democrats and 28 Republicans.

The lawmakers said that without action the layoffs “will eclipse those of any furloughs the industry has ever seen.”

Read more at CNBC

{Matzav.com}

The payroll program is set to expire Sept. 30.


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