U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON : 

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19–012 2002

107th Congress, 2d Session – – – – – – – – – – – – House Document 107–283

A REQUEST FOR EMERGENCY FUNDING

COMMUNICATION

FROM

THE PRESIDENT OF THE UNITED STATES

TRANSMITTING

A REQUEST TO MAKE AVAILABLE EMERGENCY FUNDS FOR THE 

DEPARTMENT OF TREASURY’S AIR TRANSPORTATION STABILIZATION PROGRAM

NOVEMBER 19, 2002.—Referred to the Committee on Appropriations and 

ordered to be printed


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THE WHITE HOUSE, 

Washington, November 18, 2002. 

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, 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.

Enclosure. 

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[Estimate No. 27, 107th Cong., 2d Sess.] 

EXECUTIVE OFFICE OF THE PRESIDENT, 

OFFICE OF MANAGEMENT AND BUDGET, 

Washington, DC, November 15, 2002. 

The PRESIDENT, The White House. 

Submitted for your consideration is a request to make available 

contingent emergency funds for the Department of the Treasury’s 

Air Transportation Stabilization Program account. 

Title I of P.L. 107–42, the Air Transportation Safety and System 

Stabilization Act, 2001, authorized the Government to issue up to 

$10 billion in Federal credit instruments and provided the subsidy 

budget authority necessary for air carriers to promote a viable commercial air system in light of the September 11th terrorist attacks. 

Congress designated the amount of new budget authority and outlays in all fiscal years resulting from this title as an emergency requirement. 

I recommend that you designate this request for such sums of 

subsidy budget authority as may be necessary for a loan guarantee 

to American Trans Air, Inc., currently estimated at $16.2 million, 

as an emergency requirement in accordance with section 252(e) of 

the Balanced Budget and Emergency Deficit Control Act of 1985, 

as amended. This action is necessary to account for the proposed 

extension of Federal guarantees as a consequence of the Air Transportation Stabilization Board’s conditional approval of American 

Trans Air, Inc.’s application on September 26, 2002, and American 

Trans Air, Inc.’s subsequent acquisition of loan financing supported 

by that Federal guarantee. 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 recommend that you transmit the request to the Speaker of the House of Representatives. 

Sincerely, 

MITCHELL E. DANIELS, Jr., Director. 

Enclosure. 

AMOUNTS MADE AVAILABLE BY THE PRESIDENT PURSUANT TO TITLE

1 OF P.L. 107–42, THE AIR TRANSPORTATION SAFETY AND SYSTEM

STABILIZATION ACT, 2001

Department of the Treasury: Departmental Office: 

Air Transportation Stabilization Program Account: such sums as may be necessary, currently estimated at ........................... $16,212,000

Title I of P.L. 107–42, the Air Transportation Safety and System 

Stabilization Act, 2001, authorized $10 billion in Federal credit instruments and the necessary subsidy budget authority and associated outlays. The current estimate of the required subsidy to supVerDate 0ct 31 2002 03:29 Nov 21, 2002 Jkt 019012 PO 00000 Frm 00005 Fmt 6601 Sfmt 6602 E:\HR\OC\HD283.XXX HD283
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port the $168 million loan backed by a $148.5 million Federal guarantee to American Trans Air, Inc. is $16.2 million and has been 

designated by the President as an emergency requirement.

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