Political Quotes

On the recordJune 27, 2012
As that reading suggests, this amendment addresses accountability for the Essential Air Service. Earlier this year, the House and Senate agreed upon an FAA authorization after a fairly contentious debate. Chief among the issues which were resolved was a dispute over the Essential Air Service program, which provides Federal subsidies for airlines which provide flights to rural or otherwise remote airports. While the work done by Chairman Mica and his colleagues adds several important reforms to the EAS program, a number of issues have since surfaced. Tonight, I'm offering an amendment to hopefully resolve one of those. As currently written, the T-HUD bill funds the Essential Air Service program through a $114 million appropriation from the Airway Trust Fund and via what are called overflight fees, which are charged by the FAA to foreign aircraft using American airspace and navigation assets. In 2011, as a result of an annual increase of 17 percent to the overflight fee, the Department of Transportation estimated that the fee would bring in around $69 million in revenue for fiscal year 2013, which, when paired with the annual appropriation from the Airway Trust Fund, would provide all the money needed to operate the EAS program. {time} 2200 DOT, however, was wrong about their original $69 million projection. According to the President's budget and report language in this bill, the projected revenues from the overflight fees are actually $100 million.…
Said by
Bill Cassidy
Republican · Louisiana

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