Travel Nightmares: How to Avoid Getting Bumped from Your Flight
The Plane Truth

Travel Nightmares: How to Avoid Getting Bumped from Your Flight

REUTERS/Lisi Niesner
By Alexander Rader

You're finally on your way out for a summer vacation. The flight was booked months ago. Your bags are packed and ready. You arrive at the airport the recommended 90 minutes before the scheduled departure time (because it's a great long trip, and you've decided to check your bags). After enduring the inhumanity that is the TSA line, you get to your gate. Of course, everyone else has done the same thing, and you hear the familiar strains of "this flight is overbooked, we are offering a travel voucher if you are willing to fly on a later flight."

But you ignore that, as always, because, well, your bags are already on the plane, and you don't want to miss even a second of your long-awaited time away. Still, that $300 voucher sounds tempting. You could use it to help defray the cost of holiday travel in a few months.

Don't do it. Resisting that temptation can be even more rewarding: If the worst still happens and you get involuntarily bumped, you can get a full refund of your ticket price plus up to $1,300 in added compensation.

The AirHelp inforgraphic below lays out the basic dos and don'ts of dealing with an overbookd flight. You can also find more from AirHelp here.

How to Avoid being Bumped from a Flight

(h/t lifehacker.com)

Stat of the Day: 0.2%

U.S. President Donald Trump at the White House in Washington, U.S. January 23, 2018.  REUTERS/Jonathan Ernst
Jonathan Ernst
By The Fiscal Times Staff

The New York Times’ Jim Tankersley tweets: “In order to raise enough revenue to start paying down the debt, Trump would need tariffs to be ~4% of GDP. They're currently 0.2%.”

Read Tankersley’s full breakdown of why tariffs won’t come close to eliminating the deficit or paying down the national debt here.

Number of the Day: 44%

iStockphoto
By The Fiscal Times Staff

The “short-term” health plans the Trump administration is promoting as low-cost alternatives to Obamacare aren’t bound by the Affordable Care Act’s requirement to spend a substantial majority of their premium revenues on medical care. UnitedHealth is the largest seller of short-term plans, according to Axios, which provided this interesting detail on just how profitable this type of insurance can be: “United’s short-term plans paid out 44% of their premium revenues last year for medical care. ACA plans have to pay out at least 80%.”

Number of the Day: 4,229

U.S. President Trump delivers remarks in Washington
JONATHAN ERNST/REUTERS
By The Fiscal Times Staff

The Washington Post’s Fact Checkers on Wednesday updated their database of false and misleading claims made by President Trump: “As of day 558, he’s made 4,229 Trumpian claims — an increase of 978 in just two months.”

The tally, which works out to an average of almost 7.6 false or misleading claims a day, includes 432 problematics statements on trade and 336 claims on taxes. “Eighty-eight times, he has made the false assertion that he passed the biggest tax cut in U.S. history,” the Post says.

Number of the Day: $3 Billion

iStockphoto
By The Fiscal Times Staff

A new analysis by the Department of Health and Human Services finds that Medicare’s prescription drug program could have saved almost $3 billion in 2016 if pharmacies dispensed generic drugs instead of their brand-name counterparts, Axios reports. “But the savings total is inflated a bit, which HHS admits, because it doesn’t include rebates that brand-name drug makers give to [pharmacy benefit managers] and health plans — and PBMs are known to play games with generic drugs to juice their profits.”

Chart of the Day: Public Spending on Job Programs

Martin Rangel, a worker at Bremen Castings, pours motel metal into forms on the foundry’s production line in Bremen
STAFF
By The Fiscal Times Staff

President Trump announced on Thursday the creation of a National Council for the American Worker, charged with developing “a national strategy for training and retraining workers for high-demand industries,” his daughter Ivanka wrote in The Wall Street Journal. A report from the president’s National Council on Economic Advisers earlier this week made it clear that the U.S. currently spends less public money on job programs than many other developed countries.