White House eying sale of 14,000 ‘excess and vacant’ federal buildings
March 3rd, 2011 - 6:26 pm ICT by ANIWashington, Mar. 3 (ANI): The White House has announced plans to form an independent board of experts to help the federal government “cut through red tape and politics to sell 14,000 unused properties.
“The plan will save taxpayers 15 billion dollars over the first three years the Board is fully up and running,” ABC News quoted Jeff Zients, the federal chief performance officer and the deputy director for management at the Office of Management and Budget, as saying.
Zients described the 14,000 properties likely to go under the auction hammer as “excess,” or “vacant”.
He said the full list will be made public within the next month.
“There are unneeded properties throughout the country, from downtown city centers to suburban shopping districts to rural locations,” he said.
The proposed so-called Civilian Property Realignment Board would formalize their recommended real estate sales and issue a proposal to Congress for an up-or-down vote.
The plan is modeled after the Pentagon’s Base Realignment and Closure Commission, which has closed hundreds of military installations since 1989, officials said.(ANI)
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