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This statement is not available for public release until it is delivered at 2:00 p.m. (EST), Tuesday, March 18,1997. |
Mr. Chairman, I appreciate the opportunity to appear before the Subcommittee to discuss the Congressional Budget Office's (CBO's) recent analysis of the Base Realignment and Closure process, or BRAC. As you are aware, CBO recently completed an interim assessment of the BRAC process. I would like to focus on a few aspects of that analysis with you today: a brief overview of BRAC, CBO's principal findings, and a discussion of three key problem areas--identifying savings, environmental costs, and double counting the savings from downsizing.
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