Airport, Airway Trust Fund Rise to $12.7 Billion
Airport&Airway Trust Fund, the U.S. repository for aviation taxes, rose to $12.7 billion as of Oct. 31, 1999, according to Treasury Department data (see Page 7 for summary). The unspent balance grew 55% since it was $8.2 billion in November 1997 (DAILY, Feb. 2, 1998).
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