One could look at the far map that I have of the United States over there. Everything that is in red is land and property owned by the Federal Government. Ronald Reagan looked at that and said, You never see something like that this side of the old Soviet Union. Think about that. One out of every three acres of this country is owned and controlled by the Federal Government. And I hate to say this, but in 2007, OMB did a study and said that, of that, $18 billion worth of that property is excess. It is useless. It is needless. This year, Peter Orszag updated that report and said there are 14,000 buildings that the Federal Government owns that are excess, and 55,000 buildings that are underutilized and not necessary. When I first came here, The Washington Post did an editorial that said, Until the District of Columbia can get hold of all the excess land and buildings owned by the Federal Government and put those to economic use, the economy of Washington, D.C., would never grow.
Rob Bishop: “One could look at the far map that I have of the United States over there. Everything that is in red is land and…”
Editor's note · Context
The speaker addresses the issue of excess federal property and its impact on the economy.
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