"So that is left over here without a funding source. So that is subject to all the vicissitudes, to all the problems we talked about, sequestration and all that."
"Thank you, Mr. Chairman."
"Yes. But your model is, you move it over. But their model is, it stays with the Government."
"It is unfathomable to me that Congress would direct NTIA to do that."
"I think, Mr. Chairman, there are some issues here that we need to discuss."
"And Congress is a big problem."
"I think there would be some disagreement in Congress over that."
"So just in summary--thanks, Mr. Chairman--we are going to create a new entity that is going to be able to raise in excess of $1.6 billion a year to pay for GA's AIP."
"So part of the reason we are here is Congress is not ponying up the money, and we are subject to sequestration."
"So is A4A willing to have that discussion? I have not been able to get it going so far."
"Yes--well, no, sir. But if I point it out, actually the costs you are assuming are $3 billion less than the revenues that currently flow from the airlines."