Senate Finance Committee to mark up FAA authorization next week

The only committee meeting scheduled for next week is a Senate Finance Committee markup of legislation to fund the Airport and Airway Trust Fund Reauthorization Act of 2011.

The committee is expected to mark up the legislation, which provides funding for between 75 and 85 percent of the Federal Aviation Administration (FAA) authorization bill, currently pending on the Senate floor.

The remainder of the FAA bill is funded by the General Fund.

Senate Majority Leader Harry Reid (D-Nev.) said the Senate will likely pass the authorization bill at the beginning of the following week.

The Senate will adjourn on Tuesday next week to accommodate a Democratic caucus retreat.