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Once ATC is in private hands, general aviation will suffer from the new fees, air traffic controllers will make half of what they are making now and eventually safety will suffer.
The last time I flew in Canada, when I returned home, there was a bill waiting for me because I talked to ATC for maybe 2 minutes.
ATC has been privatized in every other country but the USA and in every case, it has hurt general aviation :-(
The super rich almost always get their way because us little guys don't have the resources to fight them :-(
The airlines only support this because they think they will be able to control ATC and get special treatment.
This privatization has been proposed year after year for more than 10 years, but now with the Republicans in large, you can bet that the really rich people will finally get their way.