AIRPORT AND AIRWAY TRUST FUND HAS AN UNCOMMITTED BALANCE OF $6 BILLION

ALTHOUGH THE AVIATION EXCISE TAXES weren't collected for nearly eight months after expiring at the end of 1995, the Airport and Airway Trust Fund had an uncommitted balance of $6 billion on Sept. 30, the end of the fiscal year, according to Congressional Budget Office projections. Noting that the...

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