On the recordJuly 9, 1997
I accept the notion that closing military installations saves money. That is why I have been involved in supporting four previous base closing rounds. It clearly will save money. We do not know how much. I do not think anyone here knows how much. The Congressional Budget Office has reviewed it, the Government Accounting Office has reviewed it, and they are trying to understand how much money is saved and what are the costs. Are we saving a little bit of money and having very substantial costs? Are we saving a lot of money? We do not know. There has not been a decent accounting. I am not standing here quibbling about whether closing additional bases will save money. It likely will save money.
Source
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