Is now my high honor and distinct privilege to introduce to you the president of the United States of america, president donald trump. [applause] [applause] thank you very much. Thank you, mike. I really appreciate everything and i appreciate you being here but i especially want to thank secretary elaine chao, leader kevin mccarthy, thank you, kevin. Chairman bill shuster, thank you very much, bill, and all the members of congress, many of them here today, for joining us as we prepare to enter a great new era in american aviation. [applause] its about time too, i can tell you. But before discussing our plans to modernize air travel, i want to provide an update on our efforts to fix and modernize Vital Services for our veterans, our great, great veterans, who we all love. For decades the federal government has struggled to accomplish something that should be very, very simple, seamlessly transferring a veterans medical records from the Defense Department to the veterans groups and to the va. In recent years it has taken not just days or weeks, but many months for the records to follow the veteran. This has caused massive problems for our veterans. Im very proud to say that we are finally taking steps to solve the situation once and for all. Secretary shulkin announced this morning that the va will announce and modernize its medical records to use the same system as the department of defense. No more complications. The records will now be able to follow the veteran when they leave service, meaning, faster, better and far better quality case. [applause] thank you. This is one of the biggest wins for our veterans in decades and i congratulate secretary shulkin for making this very, very important decision. Thank you, secretary, appreciate it. I appreciate it. He has done a great job. Stand up secretary. Where is secretary shulkin. What a great job, thank you. [applause] of course there is still much work to do but for todays action shows determined leadership and what it can accomplish, great, great reform. So again, to david shulkin, thank you, to all of our veterans who have served this nation, a very, very special thank you. This is truly wonderful, really monumental reform. So important for our veterans, but it is just the beginning. Were here today to discuss another issue that has gone unsolved for far too loaning. For too many years our country tolerated unacceptable delays at the airport. Long wait times on the tarmac and slowing of commerce and travel that costs us billions and billions of dollars in lost hours and lost dollars themselves. Today were proposing to take american air travel into the future finally, finally, right . Finally. [applause] it is a long time. Were proposing reduced wait times, increased route efficiency, and far fewer delays. Our plan will get you where you need to go more quickly, more reliably, more affordably, and yes for the first time in a long time, on time. We will launch this air travel revolution by modernizing the outdated system of air Traffic Control. It is about time [applause] since the early days of commercial air service, the federal government has owned and operated the United States air Traffic Control system yet more than half a century later the government is still using much of the exact same outdated technology. At a time when every passenger has Gps Technology in their pockets, our air Traffic Control system still runs on radar and groundbased Radio Systems that they dont even make anymore. They cant even fix anymore, and many controllers must use slips of paper to track our thousands and thousands of planes that are up in the air. Our air Traffic Control system was designed when roughly 100,000 people flew at our airports each year. We are now approaching nearly one billion passengers annually. The Current System can not keep up, hasnt been able to keep up for many years. It causes flight delays and crippling inefficiency, costing our economy as much as 25 billion a year in economic out. We live in a modern age, yet our air Traffic Control system is stuck, painfully, in the past. The faa has been trying to upgrade our nations air Traffic Control system for a long period of years, but after billions and billions of tax dollars spent, and the many years of delays, were still stuck with an ancient, broken, antiquated, horrible system that doesnt work. Other than its quite good. The Previous Administration spent over 7 billion trying to up grade the system and totally failed. Honestly, they didnt know what the hell they were doing. A total waste of money. 7 billion plus, plus. Its te to join the future. That is why im proposing new principles to congress for air Traffic Control reform making flights quicker, safer and more reliable. Crucially these reforms are supported by air Traffic Controllers themselves. Theyre the ones that know the systems that they want. They know it better than anybody. And we have people that dont even call them, in the past but now we call them. Im also proud to be joined today by passenger advocates, pilot unions, and leaders of airlines and Cargo Companies who strongly support our new framework and our bidding process and were bidding ideally to one Great Company. There will be many bids. But one Great Company that can piece it all together, not Many Companies all over the United States like in the past when it came time to piece it together, it didnt work. They were all different systems. We threw away billions and billions of dollars. I am very grateful that every former faa chief and chief operating officers and three former transportation secretaries, jim burnly, Elizabeth Dole and mary pierce stand with us today, thank you. [applause] this is an incredible coalition for change all over the room. Its a coalition for change. Leaders of the industry, and at its core our new plan will dramatically improve americas air Traffic Control system, by turning it over a selffinancing nonprofit organization. This new entity will not need new taxpayer money which is very shocking when people hear that. They dont hear that too often. Under this new plan the federal Aviation Administration will focus firmly on what it does best, safety. A separate nonprofit entity would be charged with ensuring route efficiency, timely service, and a longawaited reduction in delays. Our plan will also maintain support for Rural Communities and airports and airfields used by our Air National Guard units, great people. And very importantly air Traffic Controllers will highly and this will be highly valued, these are highlyvalued people. These are amazing people that know the system so well and under our plan, they will have more financial security, professional opportunity, and far superior equipment, the best equipment anywhere in the world. They will never be anything like what were doing. And other systems are very good. I wont tell you the names of the country but we have studied numerous countries, one in particular. They have a very, very good system. Ours is going to top it by a lot. Our incredible air Traffic Controllers keep us safe every day even though theyre forced to use this badlyoutdated system. That is why we want to give them access to Capital Markets and investors so they can obtain the best, newest, and Safest Technology available. By the way the new technology, ive seen it, is incredible. If we adopt these changes americans can look forward to cheaper, faster and safer travel, a future where 20 of a i can itket price doesnt go to the government, and where you dont have to sit on a tarmac or circle for hours and hours over an airport which is very dangerous also, before you land. Dozens of countries have already made similar changes with terrific results and were going to top them by a long shot. Canada, for example, modernized their air Traffic Control through a Nongovernment Organization about 20 years ago, and they have cut costs significantly, adopted cuttingedge technology and handled 50 more traffic. Actually far more than that on a relative basis compared to us. A modern air Traffic Control system will make life better for all americans who travel, ship, or fly. It will reduce costs and increase convenience for every american consumer, and these new efficiencies will produce a huge economic boost for the country and for the one in 14 american jobs that aviation supports. Today we are taking the first important step to clearing the runaway for more jobs, lower prices, and much, much, much better transportation. America is the nation that pioneered air travel, rand with these reforms we can once again lead the way far into the future. Our nation will move faster, fly higher and soar proudly toward the next great chapter of american aviation. Thank you, god bless you, and god bless the United States of america. Thank you. Thank you very much. [applause] thank you. The [applause] feeling she will get the first pen what do you think . What you do you think . [inaudible]. Okay . Is that all right . [laughter]. My question, who is getting the second pen . Secretary chao. I think so, yes. Youre giving up your pen . [inaudible]. [laughter]. I said she was politically savvy. Where is our leader . Give me another pen, please. I got to [inaudible]c [laughter] here we go. Thank you. [inaudible] [laughter]. [inaudible]. They will be signing autographs now. This clan in pennsylvania, clan that hand still running. The motherinlaw this is his constituents, sir. [laughter] thank you all. Thank you. [applause] neil youve been watching the president taking executive initiative, that is what theyre calling it here but it is not a done deal. Push for privatizing the air Traffic Control system. Some of his predecessors tried to do the same thing. Structure the way it works right now inhibits sometimes even prevents modernization techniques to try to deal with the crowded skies. It is a 30,000 workforce and of course what the president wants to do here is try to make it more flexible and freewheeling without necessarily taxing the American Public. This would be privatelyfund. It would be a public endeavor though, that it would not necessarily be getting any special funding it. Would be funded through user fees through airports and airlines that would provide this service. The question is, how that comes back to americans who would have to then presumably pick up the bill somewhat. Elaine chao, the transportation secretary sort of ironing out the details but Connell Mcshane how delivering on those details could prove easier said than done, what are you hearing connell . Reporter tried a number of times in the past and debated off and on, but anytime President Trump youre able to talk about something that will have far fewer delays for americans and save money in the long term but something potentially could be popular but to the point about this being tried in the past, as recently last year a bill made its way through the house, did not get a vote in the senate, that wanted to move in this direction. It was interesting to hear the president making the case for why things needed to get done this time. It is, one of the reasons that we heard the case being made against it last time. So he talked about, for example, saving money. Talks about how much the Previous Administration had in his view wasted on improvements. That the faa wanted to make, upgrades. Said they spent 7 billion and got nowhere. The lasts time this was tried and tried to get it through, Delta Air Lines was opposed to it, all the money being spent you dont want to disrupt air Traffic Control. Give it time to work. Well see how the debate works through congress this time around. That was the opposition we heard. Youre talking about selffinancing. Youre talking about saving money, something that costs the economy according to the president 25 billion a year. Most importantly for consumers, remember, this is part of a weeklong initiative or initiatives that come out on from the white house on infrastructure projects, promise far fewer delays, quoting the president that could certainly have popularity. Neil you mentioned this being part of a infrastructure commitment on the part of the president. Also hopes largely privatelyfunded without raising, you know, the price for taxpayers, that would be over 10 years, i guess this would be rolled into that but the reception for that seems to be pretty dicey. A number of democrats like it but theyre not committing their votes for this saying that that would translate into votes for what the president wants to do on either tax reform or for that matter a health care rework, right . Reporter i think back to the time during the transition when we had simi conversations what could get done. That was a time people were actually speaking, nobody speak this is way this time, about some cooperation between the two new yorkers, the Senate Minority leader Chuck Schumer and then president elect, now president of the United States, donald trump. They would talk about infrastructure and say, hey, there is Common Ground here that can be reached but the environment has been, as you know, neil, so poisoned by some other things now, it is hard to imagine the two sides working together on anything, even when those things, infrastructure is one of those things that might make sense for them to Work Together you would think, right . Democrats working with the president , that is what we thought coming in. Youre right, doesnt seem like people are talking that way, the way they were certainly few months ago, november, december last year after the election. Neil connell, thank you very much. Connell mcshane. As connell pointed out this is the first with would be many steps towards infrastructure this would be lumped in with infrastructure here, by executives signing a pen. In this case the president of the United States. It doesnt make it defacto done but the appeal seems to be it has bipartisan abuse. Next to the president , ted cruz, long been champion leave this in private hands, not moneymaking hands he would say but more efficient hands. Nonprofit vent it to make our skies not only safer but more efficient. Well have more after this. Y and pay attention. Every single one of you is on our list. For those who wont rest until the world is healthier, neither will we. Optum. How well gets done. I needed something more to help control my type 2 diabetes. My a1c wasnt were it needed to be. So i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating whats within me with onceweekly trulicity. Trulicity is not insulin. 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A lot of people say its a little too tentative a little too late, but what do you think . One of the areas i strongly agree with some of the statements she made what is going on regarding terrorism online. The uk has been very strong in terms of pressuring Technology Companies to get extremist content off their platforms. You heard the Prime Minister say this in her remarks and echoed by senato