Bush OKs $15B Airline Aid Package

Published: 23 September 2001 y., Sunday
President Bush signed a $15 billion aid package Saturday for the nation's airline industry, which has suffered mounting economic losses since the Sept. 11 terrorist attacks. The legislation ``will provide urgently needed tools to assure the safety and immediate stability of our nation's commercial airline system,'' Bush said in a statement. ``The terrorists who attacked our country on Sept 11 will not shut down our vital businesses or thwart our way of life,'' Bush said. He added that the bailout legislation will ``improve passenger safety, help the victims and their loved ones, and keep America's airplanes flying while the airlines develop long-term viability plans.'' The signing came less than 24 hours after the House voted, 356-54, Friday night to complete congressional approval of the legislation. It had cleared the Senate, 96-1 earlier Friday. Most House opponents were Democrats unhappy that the measure did not also provide aid for the 100,000 airline workers being laid off because of the industry's financial troubles. Legislative leaders have promised those who consider the measure inadequate that Congress will consider bills to boost spending on aviation security and aid displaced airline workers.
Šaltinis: AP
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Cambodia: Health Equity Fund Brings Medical Care to the Poor

51-year-old mother of eight, sits beside her sick husband, Tuy Muy, 52, in Battambang Provincial Referral Hospital. He is lying on a bed with a stomach problem, battling nausea and vomiting. more »

Parental leave - how much is enough? EP rapporteur Edite Estrela interviewed

The length of maternity and paternity leave are at the heart of a crucial vote in the plenary sitting of March 24-25. more »

Closer ties between women and the European Union

The perception women have of the EU, the way the economic and financial crisis is affecting women and the lessons to be learnt ahead of the 2014 elections are among the issues to be tackled during a colloquium being held at the European Parliament on Tuesday. more »

Women's rights: strategic goals of Beijing Platform not yet achieved

To achieve quicker de facto gender equality, Commission and Member States should adopt and implement specific gender equality policies, Parliament said in a resolution adopted on Thursday. more »

“Erasmus for Young Entrepreneurs” to boost creation of small enterprises

Are you thinking about setting up your own business or are you already a successful entrepreneur? The Erasmus for Young Entrepreneurs exchange scheme offers an excellent opportunity for new entrepreneurs to acquire relevant skills for managing a small or medium-sized enterprise (SME). more »

MEPs back steps to ease foreign child maintenance

The pain of divorce and separation is all too often accompanied by financial and emotional hardship when one parent lives abroad and refuses to provide financial help. more »

112 - Europe's lifeline

Most Europeans still do not know they can call 112 anywhere in the EU to contact the police, fire brigade or an ambulance. more »

Solidarity with the people of Haiti

Helping to meet Haiti's humanitarian, reconstruction and nation-building needs must be the EU's priority in tackling the earthquake's aftermath, says Parliament in a resolution approved on Wednesday. more »

Rise in access to safe water in Europe

Further work is needed to continue improving access to safe drinking-water at home, sewerage systems and safe bathing water throughout the European Region. more »

MEPs debate extending funding for poor housing

Poor housing remains a blight across Europe and Tuesday evening MEPs will debate a plan to extend EU funding to help renovate and repair housing stock for the poorest people on the continent. more »