On the recordFebruary 6, 2012
I thank the gentleman from California. I do stand in strong support of the Civilian Property Realignment Act, and I'll tell you why. I come from the private sector where sometimes assets become liabilities. An asset becomes a liability when it costs you so much to insure it, secure it, and maintain it that it no longer serves the purpose it was originally designed for. When you look at this, I look at this as almost--there's a TV show. I haven't seen it, but they tell me it's called ``Hoarders.'' This is where people hoard things that they have no use for, but it takes up all space in their house and it takes up their personal wealth. We are looking at a situation right now in this country where we have to reduce the size of government and reduce the cost. Why? Because it's the hardworking American taxpayer that foots the bill for all these properties that are being unused or underused. Wouldn't it just make sense to take them from the liability side and put it on the asset side? It no longer will cost the American taxpayers money to secure, insure, and maintain. It would go into the private sector. It would create jobs. These people would convert these into a use that makes more sense for today, and they would start paying taxes on it. This is a win-win situation for the American taxpayer.…





