On The Money
While some conservatives criticized it, deal has support from many.
The tax on airline ticket purchases that is normally paid by passengers for airport security is increasing by $3.10 in the budget deal that was agreed to by Sen. Patty Murray (D-Wash.) and Rep. Paul Ryan (R-Wis.) on Tuesday.
The Murray-Ryan deal, which has been dubbed the Bipartisan Budget Act of 2013, sets the aviation security fee at $5.60 for each leg of a trip beginning on Oct. 1, 2014.
The fee is currently $2.50 for each leg, with a cap of $5 overall on an airline ticket.
Mike Lillis 12/11/13 11:43 AM EST
House Dems are using budget package to pressure GOP on jobless benefits.
Russell Berman 12/11/13 11:24 AM EST
Criticism of budget deal before it was released was "ridiculous," the Speaker said.
U.S. officials are insisting that "great momentum" has been made in Trans-Pacific trade talks, but there are issues both at home and in Japan.
"I cannot support a budget that raises taxes and never balances" the senator said.
The influential conservative group said it will key vote against the "dubious" deal.
A summer meeting between President Obama, Treasury Secretary Jack Lew, and financial regulators helped bolster the effort to push the "Volcker Rule" across the finish line.
Fifty percent say economy would have improved regardless of Obama.