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Tim Sheehy: “The Congressional Budget Office and Government Accounting…”

Featuring: Tim Sheehy, Republican | U.S. Senate from Montana

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Dollars, Defense, and Reform: A Conversation with Senator Tim Sheehy

Published | Video Starts at 31:34

So changing how we treat the fiscal structure of our dollars is important because right now, if we leased something, there's no benefit to leasing because The Congressional Budget Office and Government Accounting Office... force us to calculate the entire lifetime impact of a lease at the moment of signing the lease. So if we want to lease a Sealif vessel and we want to lease it for 15 years or 20 years, we have to treat the whole 20 year cost … (31:34–31:46)

CLAIM

Asserts that CBO and GAO require the full lifetime cost of a lease to be accounted for at signing.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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