05/23/2017
https://congress.gov...
"It seems to me that is a pretty basic question if you are evaluating cost-effectiveness and particularly if you are giving any kind of serious consideration to cost-effectiveness. Don't you agree?"
"the last generation has dropped the objective of abundance as the principal objective of water and power policy and has instead moved now to rationing shortages."
"What is the justification for that?"
"We are no longer looking at cost-benefit analysis of which projects make economic sense and which do not."