CHICAGO (Reuters) – Two U.S. Republican senators said on Thursday that lawmakers should not consider legislation providing grants to airlines unless there are adequate taxpayer protections and suggested that airlines tap unused federal loans that were made available to them in a first round of aid.
“No one wants to see layoffs, but we have a responsibility to ensure that taxpayer resources are used in an appropriate and equitable manner,” Senators Pat Toomey and Mike Lee said in a statement, noting that no other Fortune 500 companies have received taxpayer-funded grants.
(Reporting by Tracy Rucinski, Editing by Franklin Paul)
