Political Quotes

On the recordJuly 11, 1997
this amendment will address concerns that we have discussed here on the floor regarding the Base Realignment and Closure [BRAC] process. Before the Congress ever considers to authorize future BRAC commissions--a process which I strongly oppose, we should take a more detailed look at whether those elusive savings from infrastructure reductions will ever be achieved. That is what I accomplish by the amendment which I offer today. Mr. President, I have consistently asked what has happened to savings from the past four BRAC actions. The Pentagon estimated savings from the four previous base closing rounds to reach $57 billion over a 20-year period with annualized savings of $5.6 billion per year starting in 2001. In its April 1995 report, the GAO estimate for such savings projects the savings at less than half these numbers. GAO estimates that the 20-year savings may be $17.3 billion, with annual recurring savings possibly reaching $1.8 billion. Mr. President, GAO conducted further analysis and issued a following report in a April 1996. In this report, GAO found that the total amount of actual savings that may be estimated from BRAC actions is uncertain for several reasons. One of which is that DOD accounting systems do not provide adequate information or isolate their impact from that of other DOD initiatives.
Said by
Olympia Snowe
Republican · Maine

Editor's note · Context

Discussing concerns about the Base Realignment and Closure process and its projected savings.

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