Management
Nixon User Tax Plan Drops Trust Fund
Washington—Compromise approach by the Nixon Administration to airport/airways development funding will link user taxes directly to improvements, but without establishment of a trust fund. An Administration bill is being re-written by Transportation Dept, officials to meet Budget Bureau and Treasury Dept, objections to the trust fund concept which they rejected earlier (AW&ST May 5, p. 21).
By Donald C. Winston6 min