OBAMA FY 2014 BUDGETWOULD INCREASE PFC CAP TO $8; CUTAIP GRANTS $450 MILLION

摘要

President Obama’s FY 2014 budget request would cut funding for the AirportnImprovement Program (AIP) by $450 million from the FY 2012 level and focusnfederal AIP grant funding on smaller commercial and general aviation airports thatndo not have access to additional revenue or other outside sources of capital.