We are very concerned with the sequestration.

I appreciate that, although the report suggested that there were some projects that had gone forward without sufficient notification to the appropriate committees in Congress.

So I was struck by the fact--and we had this conversation yesterday--that there is money recommended in this budget proposal to support a new round of base closures.

I guess my concern--and I am still not clear on how or whether you think it is appropriate to address it--is the oversight of the projects that are undertaken.

Why would we authorize new facilities until we have the results of the study that Mr. Conger referred to?

But the goal is to have that report ready to present to the congressional committees by the end of the year?

I think we will have some follow-up questions for the record about some of the differences that we see in what the report found than I understood your answers to be.

I wonder if you are looking at legislative or procedural changes that could help ensure that the projects that are being funded and undertaken are those that are real priorities.

I certainly hope that the urgency about expediting it will be conveyed to DOD.

Why are they so urgent?

I want to start with BRAC, which probably does not surprise any of you, but I want to talk about it in the context of what is happening overseas.

I joined the majority of my colleagues in opposing this proposal last year, and I continue to believe that now is not the time to spend billions of dollars on another BRAC round.

I want to follow up--we're going to do at least one more round. I have some additional questions.

That will result in the termination of an estimated 5,000 employees and a--not only a delay in equipment readiness for 6 divisions.

If you could also share that with the rest of the subcommittee, we would appreciate that.

You've all spoken very eloquently to the potential impact of sequestration.

Well, based on some of the testimony, are you not concerned, all of you, that, in the short term, the savings from those furloughs are going to get added on in the long term because we're going to lose those skills and capabilities?

An estimated $3.36 billion impact to the surrounding communities.