Airport and Airway Trust Fund: Issues Related to Determining How Best to Finance FAA
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1997-02-05
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TRIS Online Accession Number:00736012
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NTL Classification:NTL-AVIATION-Airports and Facilities;NTL-AVIATION-Aviation Economics and Finance;
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Abstract:In December 1996, the General Accounting Office (GAO) reported to Congress on
the status of the Airport and Airway Trust Fund (Trust Fund) and on a proposal
by a coalition of the nation's largest airlines to replace the tax on domestic
airline tickets, which has been the Trust Fund's primary source of revenue, with
fees on domestic operations. This 1997 testimony by John H. Anderson, Jr.,
Director, Transportation Issues, Resources, Community, and Economic Development
Division of the GAO discusses the (1) status of the Trust Fund, (2) issues
raised by the coalition's proposal, (3) potential effects of the coalition's
proposal on domestic competition, and (4) potential competitive impacts of
alternative options for financing FAA. 20p.
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