First let me say it is essential to the United States that a viable air transportation system be up and running. So I would say to the gentleman that what he suggests is my understanding. The Office of Management and Budget in a letter sent to our committee interprets this provision as only preventing the actual issuance of credit pursuant to the Air Transportation Safety and System Stabilization Act. The stabilization board may continue accepting and fully considering qualified applications as authorized by that act.
C. W. Bill Young: “First let me say it is essential to the United States that a viable air transportation system be up and running. So I…”
Editor's note · Context
Discussing the importance of a viable air transportation system and related legislation.
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I certainly agree to work with the gentleman on this matter to have a satisfactory conclusion.
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