Summary

It is composed of the Secretary of Transportation. Is transmitted by the President to Congress.". At issue here is the subsidy amount for a loan guarantee for America West Airlines. It was not until May 15. There was no budget authority available for apportionment and obligation. The availability of the budget authority provided in the Act is expressly contingent upon transmission of the request. ATSB stated that it violated the Act when it obligated the budget authority "because the Presidential designation had not occurred before the funds were obligated.". ATSB explained that "The requisite papers were not timely requested. Prepared and presented to the President for his designation of the budget authority as 'emergency requirements' as is required by OMB Circular A-11.