On the recordJune 21, 2023
We work for the American people, the GAO works for us, and by extension the American people. So 77,000 buildings approximately, as you mentioned, it costs a couple billion dollars a year to sustain those buildings, the maintenance of those buildings, operate those buildings, maintain them, staff them, whatever it might be. What about the value of the 77,000 buildings? Why wouldn't we sell those buildings and realize the revenue to the Treasury? Not just the $2 billion a year of not having to maintain those buildings. Let's just say that the average value of that building is $100,000. Let's be real conservative, let's say it is a million dollars--77,000. What is that? That is $77 billion worth of assets if the average building was worth a million dollars. If it is only worth $100,000 on average, that is $7.7 billion. That would be not much more than a rounding error, the way that we spend money in the trillions here. When you take that over time, it ends up to be a few billion here, a few billion there, and before long you are talking about real money.





