On the recordJune 4, 1997
I have heard my colleagues here today talk about saving $10 million and saving $30 million and making priorities, and I commend them for that. This amendment will save the taxpayers of the United States, the American people, as much as a half a billion dollars. We are not talking about $10 million, we are not talking about $20 million. Mr. Chairman, today our Government, the State Department, owns over 1 billion, well, actually, over $10 billion, and I keep missing that, it is more than that, it is $100 billion in property overseas. Of that, as much as $1 billion is considered to be excess surplus property. This includes an orange grove in Morocco that is being used by the King of Morocco; it includes a $12 million mansion in Bermuda that our State Department says is ostentatious, to use their own inspector general's words; in Tanzania they have closed our post there but we still own the property. A billion dollars' worth of surplus property out there. Now, this Congress has sort of dabbled in this.
Source
govinfo.gov




