CSPAN Key Capitol Hill Hearings January 24, 2015
You know, to expand our airports, we are increasingly relying on passenger facility charges for the capital we need. How can we support the administrations proposal to raise that cap and how can we support your efforts and vice versa on that . Well, this is a vitally important issue. Right now, theres a its a 4. 50 cap on the pfc charges. We proposed lifting that cap to 8. Which would provide these are moneys that airports can use flexibly to improve their facilities. It takes a little bit of the structure of the Airport Improvement Program away and puts that money at the local level so that y...