Funding for the plan would be offset by rolling back two-thirds of the revenue lost in the Republican tax bill by reinstating a top income tax rate of 39.6%, restoring the individual alternative minimum tax, reversing cuts to the estate tax, and raising the corporate income tax from 21% to 25%.
Sumwalt III sworn in as NTSB chairman
His tenure with the NTSB began in August 2006 with his appointment as the 37th member of the NTSB, whereupon President George W. Bush designated him as vice chairman for a two-year term.