Yes, but only under certain circumstances.  Many people are 
concerned about the safety of people, especially children and 
small adults who sit in the front passenger's seat, because of 
the recent reports of deaths and injuries in low speed 
collisions caused by the deployment of the passenger's side 
airbag.  Most of the deaths and injuries occurred because the 
occupant was not properly seated and using a seat belt at the 
time of the accident, or an rear-facing infant car seat was 
placed in the front seat.  

The best action to take is to carefully follow the instructions 
for safe operation of the airbags.  Always wear your safety belt, 
and keep kids buckled in the back seat at all times.  

There is also a procedure you can follow to get an airbag disable
switch installed.  You need to fill out a form and get a certificate
that allows you get a switch installed.  NHTSA has a comprehensive
page at their web site that has complete instructions, background 
information, and a copy of the form.  The site is at
<http://www.nhtsa.dot.gov/airbags/>