But I feel there is a point at which the study finally does come to an end, because it cannot be proven. For example, the cost-benefit analysis which justifies the Corps continuing the project must show that there is a benefit to the taxpayers of the United States. It did not show that in 1996. The cost-benefit analysis failed the Corps' own scrutiny in 1996. It failed the Corps' scrutiny in 1997. It failed again in 1998. It failed again in the spring of 1999. The Corps has spent hundreds and hundreds of thousands of dollars studying this issue. When do we say, there is no benefit to the taxpayers, no benefit to the Port of Baltimore, and the study comes to an end? I would say that that point of time is now.
Wayne Gilchrest: “But I feel there is a point at which the study finally does come to an end, because it cannot be proven. For example…”
Editor's note · Context
Discussing the effectiveness of cost-benefit analyses for a Corps project during a committee meeting.
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