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What is Aviation Trust Fund Financial Hearing about?

This hearing examined the financial condition of the Aviation Trust Fund and whether reforms are needed. The hearing had two panels of witnesses testifying on the current state and long term outlook of the Aviation Trust Fund. Concerns were raised that Trust Fund revenues have declined significantly since 2001 due to the 9/11 terrorist attacks, weak economic conditions, and lower air travel. Questions focused on whether the current system for financing air traffic control and the FAA through the Trust Fund

Author

Scribd Government Docs

Language

EN