Also in this playlist...
This transcript is automatically generated
Well if you're not convinced the government spending has grown out of control take a look at these numbers in the 1980s the nation.
Doled out 882 billion dollars a year that figure grew to nearly one and a half -- in the ninety's well over two trillion by the early two thousands.
It's kind of debt most economists say is -- in our country at risk so.
Finally keep spending and how can we trimmed the deficit Tom Schatz is the president of Citizens Against Government Waste the perfect guest and he joins me now good morning time.
Good morning Gretchen all right so when you see those kind of numbers going up -- not been up and up what does that -- your blood pressure.
And mine fortunately stays steady otherwise I wouldn't be able to talk about yourself that's.
I think you analyze it -- obviously drives you crazy.
And one of the areas we want to focus on today are these real estate these buildings that the government spends a lot of money on cracked.
There -- more than 55000.
Either vacant or underutilized buildings that cost one point seven billion dollars a year to maintain.
Any other organization we go out and sell them.
The problem in Washington is that the system to sell buildings is the exact reverse of what it should be meaning.
The first priority with a federal building is to see if any other federal agency wants it which makes no sense because they're already 55000.
Vacant or underutilized buildings.
So the inventories already too large.
Next it goes to us state and local government choices and it goes to homeless shelter -- and then finally can be put -- for sale market value.
It should start with the sale to the private sector -- to some other entity rather than waiting until everybody else has a chance to look at it.
Because by then the private sector has moved on to some other choice.
Yeah in a competitive market a let's take a look at what the president said about this in 2010.
In a presidential memorandum.
I hereby direct executive departments and agencies to accelerate efforts to identify and eliminate excess properties.
In total agency efforts required by this memorandum should produce no less than three billion dollars in cost savings.
By the end of fiscal year 2012.
I'm assuming that happened.
Or did it not.
Did not happen in fact the Government Accountability Office took a look at a bunch of properties.
23 out of 26 that they looked that were completely mislabeled.
They said one building was in great shape it was rat infested.
And then the General Services Administration the landlord for the federal government.
Said that they were saving a 118 million dollars on four new construction projects.
But those savings were over thirty years not even over one year so they're not even close those savings and President Obama of course is not the first president to call.
For this action is the process that makes it almost impossible to sell a federal facility.
So so when you hear about these sequester cuts and the need for.
You know employees to not get overtime because we're just so cash strapped and then you juxtapose that to some of these cuts that seemed to be so reasonable and easy to make.
What do you think.
Unfortunately it's the same old problem here in Washington congress' answer to every single problem is to create a program.
And then go out and claim that they're doing something positive that's one of the reasons why there are hundreds and hundreds of duplicative programs identified by the GAO.
And it's one of those problems that really needs to be solved in this very frustrating I was sequestration.
Because everyone knows where the waste is it just not doing anything about it.
Tom Schatz president of Citizens Against Government Waste thanks much have a great week.
Filter by section