Bloomberg reports that the US government is considering selling a sprawling portfolio of properties across 47 states, the District of Columbia, and Puerto Rico. This move is part of President Donald Trump’s campaign to shrink the federal workforce and the buildings it occupies.
The General Services Administration posted an inventory of 443 “non-core” assets on Tuesday, including many prime commercial buildings that house local and regional offices for federal agencies and provide services for taxpayers, Social Security recipients, farmers, and workers.
The government is looking to sell the Dick Cheney Federal Building in Wyoming and the Nancy Pelosi Federal Building in San Francisco.
The General Services Administration, which manages federal properties, said it had identified 443 properties totaling more than 80 million square feet that “are not core to government operations” and could be sold off. The agency said a sale could potentially save more than $430 million in annual operating costs.
The list includes the Washington headquarters for the Department of Energy, the Department of Agriculture, the American Red Cross building, and the Office of Personnel Management, the U.S. government’s human resources arm, among other notable buildings. GSA’s own headquarters was also on the list.
It also includes major office buildings in Chicago, Atlanta, Cleveland, and Los Angeles.
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Need to wait until the economy turns around from all the Deep State damage.
The only problem I see with selling these properties is who might end up buying them. We’ve got foreign entities trying to buy America properties all over the USA, on top of that Blackrock is also trying to buy up as much property as possibly can and just rent it back. President Trump is doing an amazing job, but there’s some things that really need major oversight
“The government is looking to sell the Dick Cheney Federal Building in Wyoming and the Nancy Pelosi Federal Building in San Francisco.”
—-NATURALLY, THE TRUMP GOVERNMENT WILL FUMIGATE THEM TO ELIMINATE ALL RATS AND OTHER VERMIN BEFORE THE SALE !!!!
Probably a lot of the bloat has come from continuing resolution bills. We have to return to individual bills
Good point.
Whoo-hoo!