Number: RL33654 Title: Aviation Spending Guarantee Mechanisms Authors: Robert S. Kirk, Resources, Science, and Industry Division Abstract: Aviation funding guarantees have received consideration during the FAA reauthorization debate of the 110th Congress. Options discussed during the debate have included retaining the current system, modifying the current guarantees, resurrecting a mechanism analogous to the cap and penalty provisions, reconsidering taking the trust fund "off-budget," or erecting budgetary "fire walls" as was done for the highway and transit programs in 1998. Pages: 26 Date: March 25, 2008