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Office of Management and Budget
News Release


November 5, 2001

Administration Announces Assistance for Reagan National Airport

Washington, DC -- Office of Management and Budget Director Mitchell E. Daniels, Jr., announced today a $25 million assistance package for Reagan National Airport to redress losses during the closure period and the reduction in flight schedules.

The assistance package compensates the Metropolitan Washington Airport Authority's (MWAA) lost revenue from landing fees, rent and passenger facility charges. The package will also provide compensation to concessionaires for lost sales. In addition, as part of this assistance package we expect that MWAA will provide rent forgiveness to concessionaires. These funds are requested for release pursuant to the 15-day notification requirement outlined in the Emergency Supplemental Act.

This assistance is the result of consultations with Senators Warner and Allen and Representatives Davis, Wolf, and Moran. This payment underscores the Federal commitment to Reagan National Airport. The Administration will continue to work to ensure the viability of this airport.



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