Bob Dole: “The sale of this national resource is a windfall for American…”

On the recordJanuary 26, 1996

The sale of this national resource is a windfall for American taxpayers. Many thought it would only bring in $20 million to $100 million. But the experts were wrong. It brought in a whopping $682.5 million. Senator McCain and Senator Brown deserve recognition, and our thanks, for pushing through the legislation that made this auction possible.

Said by

Bob Dole

Kansas

Source

govinfo.gov

Editor's note · Context

Discussing the successful auction of a satellite slot and its financial benefits to taxpayers.

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Bob Dole: “The sale of this national resource is a windfall for American taxpayers. Many thought it would only bring in $20 million…”

Editor's note · Context