For Immediate Release
Office of the Press Secretary
November 20, 2002
Text of a Letter from the President
November 18, 2002
Dear Mr. Speaker:
In accordance with provisions of Public Law 107-42, the Air
Transportation Safety and System Stabilization Act, 2001, I hereby
request the subsidy budget authority necessary to support a $168
million Federal credit instrument for American Trans Air, Inc.
I hereby designate this subsidy budget authority, currently
estimated at $16.2 million, as an emergency requirement pursuant to
section 252(e) of the Balanced Budget and Emergency Deficit Control Act
of 1985.
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
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