Haley Stevens: “the provision in this bill requires compliance with existing law. Our information is that the cost of modernization of…”

“the provision in this bill requires compliance with existing law. Our information is that the cost of modernization of these facilities to the Federal Government is approximately $4 billion. Unless existing law is complied with, it will cost us $1 billion more than it would if we had true competition. The figures show it would cost $3 billion if they complied with the law; it would cost $4 billion if they continue to flout and ignore the law. The Bingaman amendment would take out of the bill the requirement no funds can be spent except in compliance with existing law. I do not understand a refusal to accept the fact that that is the law. If the committee of jurisdiction doesn't like the law, they should come to the floor with suggestions to amend it. But we should, supporting expenditures of Federal funds, require compliance with the law that mandates competition in this area. I move to table the amendment.”