Our take: The federal government is the country's largest holder of real estate, but a new report from the Government Accountability Office shows that the government knows very little about the condition and use of properties it owns, Jonathan OConnell writes at The Washington Post.
"The federal government is the country's largest holder of real estate, with nearly 400,000 properties that it owns or leases, and President Obama views the properties as presenting opportunities for cutting costs. In 2010, Obama issued a memorandum requiring agencies to achieve $3 billion in real estate savings by the end of fiscal 2012."
"GAO researchers found that despite warnings that property information and management were flawed, the government knows very little about the condition and use of properties it owns. The problems also persist despite efforts to create a central database that would facilitate the sale or lease of properties that the government does not need or use."
- UTA board approves new pay plan for...
- Syracuse man develops router to keep Internet...
- What 'The Office' teaches us about job...
- Salt Lake City to become next Google Fiber city
- Balancing act: 'Soft skills' are important at...
- FDA to scrutinize unproven alternative remedies
- Looking for a job near home? Good luck, it's...
- Embracing change: Utah County leaders examine...
- Salt Lake City to become next Google... 17
- UTA board approves new pay plan for... 10
- Why you should begin planning for... 9
- AP Investigation: Slavery taints global... 6
- The middle class has had a rough couple... 2
- Stericycle medical waste incinerator... 2
- 2015 mortgage rate trends: What house... 1
- Gold mine plan in central Idaho... 1