Deal reached to reopen FAA By Johanna Jainchill / August 04, 2011 Share 1 -- The Senate on Thursday brokered a deal to restore funding to the FAA, at least temporarily. Legislators had failed to pass an extension on the FAA’s budget authority by the July 23 deadline, which triggered the expiration of four key sources of FAA funding from taxes on airline tickets. The partial FAA shutdown also resulted in the furlough of some 4,000 FAA employees and the cessation of airport construction projects all over the country. With no authority to collect certain airline ticket taxes, the government has lost about $30 million per day. "This is a tremendous victory for American workers everywhere," Transportation Secretary Ray LaHood said in a statement about the deal, which was brokered by Senate Majority Leader Harry Reid (D-Nevada). "From construction workers to our FAA employees, they will have the security of knowing they are going to go back to work and get a paycheck — and that's what we've been fighting for. We have the best aviation system in the world, and we intend to keep it that way."