Political Quotes

On the recordMay 22, 1996
That is $200 million out of $4 billion. Mr. Chairman, let me take back my time to say, here is the point: Yes, $200 million, maybe a couple hundred more, was used for Bosnia. Billions of dollars were unspent. I am making two points. First of all, I am wholly skeptical of the toughness of your oversight, since no one was penalized at all. As a matter of fact, they are rewarded by this. They are rewarded when they overspend, by being allowed then to spend more than was authorized. My point is this: If you authorize correctly in the first place, then you must admit you overspent, because if in fact they were able to make savings to the tune of $4 billion in one set of programs, then we should have been able to get at least some of the benefit of that $4 billion, instead of your rewarding them by putting it elsewhere.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Discussing budget oversight and spending related to Bosnia.

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