Zach Nunn: “I would just say very briefly, and reserve the remainder of my time, that there are three problems with this amendment.…”

“I would just say very briefly, and reserve the remainder of my time, that there are three problems with this amendment. It does look like a simple amendment. I know the Senator from Arizona is sincere in his efforts to try to save money for the Federal Government. One of the problems with this amendment--and there are three main problems. First of all, it will not work. It is an accounting nightmare. We would have to basically call off the security for a period of weeks or perhaps months while a team of lawyers and accountants went down and negotiated not only with the Olympic committee but with many different jurisdictions, as my colleague from Georgia pointed out. So the first problem is it is not workable with an entity like the Olympics that is operating in five States in many different local jurisdictions, that is not intending to make a profit, that is putting up a huge number of buildings and structures that would have to have an amortization table set up because they are going to be turned over to local entities afterwards. How can you determine a property in those circumstances? The second problem is it is not going to save the Government any money. They do not intend to make a profit. If they see they are going to have a surplus toward the end of the games, they are going to try to put it back into the games.”