The NextGen Fund will help modernize our air transportation system, while creating thousands of jobs, cutting delays and reducing carbon emissions.

With private sector capital leading the way, legislation from Congress and the Administration can put the NextGen Fund to work right away. The NextGen Fund will accelerate airline equipage, and will finally allow the benefits of modernizing our air transportation system to be realized. Passengers will win big with fewer delays and shorter flights. Airlines will have more predictable schedules and save $40 billion in jet fuel. We all benefit from the significant reduction in carbon emissions. U.S. aerospace manufacturers will create and produce hundreds of millions of dollars in advanced electronic equipment, creating new export markets in the process. American workers will design, build, install, and service NextGen equipment. And elected officials, on both sides of the aisle, will tell their constituents that they're creating jobs without risking taxpayer's money.

What's not to like?