GOP congressmen introduce simple plan to save taxpayers $15B

Given their propensity for subsidizing Serbian cheese and propping up the Pakistani film industry, government bureaucrats aren’t exactly known for putting taxpayer money to good use. But even with its wasteful reputation, the federal government’s mismanagement of public properties is far more shocking.

Thankfully, two Republican congressmen have a plan that could address this issue once and for all — and pass the savings on to taxpayers.

On Monday, Reps. Greg Murphy and Ted Budd introduced the “Eliminate Agency Excess Space Act.” The two North Carolina Republicans’ bill would ease restrictions and eliminate red tape, making it much easier for federal agencies to sell off unused buildings and properties. Right now, there’s an extremely cumbersome process that makes it almost impossible to do so.

This is a real problem.

Right now, 3,120 federal government buildings sit vacant, while almost 8,000 are partially empty or underutilized. According to Citizens Against Government Waste, selling off these unused properties would save $15 billion over five years. Under the bill, this money is deposited in the U.S. Treasury and used to pay down the federal debt.

That’s $106 in debt relief for every U.S. taxpayer. It’s just a start, sure, but reining in government waste and paying down the more than $23 trillion national debt will require thousands of small reforms such as this.

It’s unclear whether Democrats, and notably, Speaker of the House Nancy Pelosi, will block this bill or join forces with its Republican sponsors. But eliminating obvious waste really shouldn’t be partisan or controversial.

“Nothing should be more frustrating to a taxpayer than to see their hard-earned dollars pay to lease vacant buildings that the federal government has no intention of ever using,” Budd said in a statement. “This is a prime example of what happens when federal agencies are not held accountable for failing to use basic best practices from the private sector.”

The congressman makes a good point: It’s hard to imagine a private business letting valuable property rot away unused without selling it off. Yet this sort of thing regularly happens in our government because, sadly, bureaucrats just don’t have the same kind of profit incentives forcing them to work efficiently. This is why more congressional oversight and the passage of commonsense waste-reduction legislation are both urgently needed.

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