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107th Congress, 1st Session - - - - - - - - - - - House Document 107-129
FUNDS FOR THE DEPARTMENT OF TRANSPORTATION'S COMPENSATION FOR AIR
CARRIERS ACCOUNT
__________
COMMUNICATION
from
THE PRESIDENT OF THE UNITED STATES
transmitting
PURSUANT TO THE AIR TRANSPORTATION SAFETY AND SYSTEM STABILIZATION ACT,
FUNDS WILL BE PROVIDED TO THE DEPARTMENT OF TRANSPORTATION'S
COMPENSATION FOR AIR CARRIERS ACCOUNT
<GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>
October 2, 2001.--Referred to the Committee on Appropriations and
ordered to be printed
__________
U.S. GOVERNMENT PRINTING OFFICE
99-012 WASHINGTON : 2001
The White House,
Washington, September 25, 2001.
Hon. J. Dennis Hastert,
Speaker of the House of Representatives,
Washington, DC.
Dear Mr. Speaker: In accordance with provisions of Public
Law 107-42, the Air Transportation Safety and System
Stabilization Act, I am providing up to $5 billion to the
Department of Transportation's Compensation for Air Carriers
account. These funds are urgently needed to enable the Nation's
air carriers to meet the challenges resulting from the
terrorist attacks of September 11, 2001.
I designate the entire $5 billion as an emergency
requirement in accordance with section 252(e) of the Balanced
Budget and Emergency Deficit Control Act of 1985, as amended.
In addition, I have delegated the authority vested under
section 101(a)(2) of the Air Transportation Safety and System
Stabilization Act to the Secretary of Transportation.
The funds contained in this designation are intended to
stabilize the air transportation industry and compensate air
carriers for direct losses resulting from the Secretary of
Transportation's order to ground all aircraft immediately
following the attacks, as well as any similar orders that may
be issued in the future.
The details of this request are set forth in the enclosed
letter from the Director of the Office of Management and
Budget. I concur with his comments and observations.
Sincerely,
George W. Bush.
Enclosure.
[Estimate No. 16, 107th Cong., 1st Sess.]
Executive Office of the President,
Office of Management and Budget,
Washington, DC, September 25, 2001.
The President,
The White House.
Submitted for your consideration is a request to make
available contingent emergency funds.
P.L. 107-42, the Air Transportation Safety and System
Stabilization Act, which you signed into law on September 22,
2001, provides funding contingent upon your submission of a
finding to the Congress that designates the amount requested as
an emergency requirement. Specifically, the Act provides up to
$5.0 billion in grants to compensate air carriers for direct
losses resulting from the September 11th order by the Secretary
of Transportation to ground all aircraft, and any similar
orders that may be issued in the future. The funding is also
designed to compensate air carriers for any incremental losses
between September 11th and December 31st resulting from
terrorist attacks.
Consistent with a Presidential Delegation of Authority,
which has been prepared for your concurrent review granting the
Secretary of Transportation authority to administer the
program, I recommend that you designate the release of the
entire $5.0 billion as an emergency requirement in accordance
with section 252(e) of the Balanced Budget and Emergency
Deficit Control Act of 1985, as amended. Upon release of the
emergency funding, OMB will work in a timely manner with the
Department of Transportation to apportion the funds as needed.
No further congressional action will be required.
I have carefully reviewed this proposal and am satisfied
that it is necessary at this time. Therefore, I join the
Secretary of Transportation in recommending that you transmit
the request to the Congress.
Sincerely,
Mitchell E. Daniels, Jr.,
Director.
Enclosure.
Amounts Previously Appropriated Made Available by the President
Pursuant to Section 252(e) of the Balanced Budget and Emergency Deficit
Control Act of 1985, as Amended
Department of Transportation:
Office of the Secretary--Compensation for Air
Carriers: such sums as may be necessary, up to.... $5,000,000,000
P.L. 107-42, the Air Transportation Safety and System
Stabilization Act, provides $5.0 billion for the Department of
Transportation's Compensation for Air Carriers account. This
funding was provided contingent upon the President's submission
of a finding to the Congress that designates the amount
requested as an emergency requirement. The President has so
designated and made available up to $5.0 billion for the
Department of Transportation to compensate air carriers for
direct losses resulting from the September 11th order by the
Secretary of Transportation to ground all aircraft immediately
following the attacks, and any similar orders that may be
issued in the future. The funding is also designed to
compensate air carriers for any incremental losses between
September 11th and December 31st resulting from terrorist
attacks.
The White House,
Washington, September 25, 2001.
Memorandum for the Secretary of Transportation
Subject: Delegation of Authority to Compensate Air Carriers for Losses
Resulting from the Terrorist Attacks of September 11, 2001
By the authority vested in me as President by the
Constitution and laws of the United States of America,
including section 101 of the Air Transportation Safety and
System Stabilization Act (Public Law 107-42) (the ``Act''), and
section 301 of title 3, United States Code, I hereby delegate
to the Secretary of Transportation the authority vested in the
President under section 101(a)(2) of the Act to compensate air
carriers for the direct and incremental losses they incurred
from the terrorist attacks of September 11, 2001, and any
resulting ground stop order.
You are authorized and directed to publish this memorandum
in the Federal Register.
George W. Bush.
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