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

Chavez faces hunger strike protest

For three days now these group of Venezuelan students have not eaten any food - they're staging a hunger strike against President Hugo Chavez. more »

The clock is ticking…

Contest challenges young people from Europe and beyond to find creative solutions to real-life problems.EU-sponsored contest challenges young people to think creatively. more »

Hamburg swans sent to winter retreat

In time-honoured tradition it's time for Hamburg's swans to head to their winter quarters. more »

Diplomats will support people with disabilities

On 24 November, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas will attend the ceremony during which the Ambassador of the People's Republic of China to Lithuania Tong Mingtao will hand over the aid to the residential care centre “Vilties Namai” in Vilnius. more »

Bust airlines: MEPs to vote on setting up compensation fund for stranded passengers

If your airline goes bankrupt and leaves you stuck what are your legal rights? Wednesday at midday a crucial vote will be held by MEPs in Strasbourg that could clear the way for the setting up of a compensation fund for stranded passengers. more »

More EU support for volunteering

EU support for volunteering should be stepped up to €10 million, as part of the 2011 European Year of Voluntary Activities Promoting Active Citizenship, said the Education and Culture Committee on Monday evening. more »

Rights of the Child: from Paper into Practice

Jacques Barrot and Luc Van den Brande to co-chair conference assessing the implementation of child rights by local and regional authorities. more »

Public asked to help design new citizens’ initiative

Europeans will soon have a new way of getting the commission to act on issues that concern them. But how will the new citizens’ initiative work in practice? more »

Role of Local Communities in Adaptation to Climate Change Impacts in Ukraine

In Ukraine local communities are directly affected by climate change impacts. more »

16% of Europeans report experiencing discrimination

Ageism is growing problem – or so most Europeans think. more »