On the recordJune 24, 1998
I want to talk about an abuse to the American taxpayer that is a part of this bill. I am referring to the transfer of 50 Navy ships, 50 Navy ships. It is an opportunity to raise $637 million for the Defense Department, and I am in favor of that additional expenditure. However, ordinarily when those ships are transferred, sold, leased, sold for a small amount of money, we are talking about 50 ships, $637 million, so my colleagues know we are not getting much money for those ships, that money goes back to the Treasury. What has happened in this instance, well, that is not happening.
Said by
Doug Bereuter
Source
govinfo.gov