Posted on 04/03/2016 2:28:33 PM PDT by drewh
As president, Donald Trump would sell off $16 trillion worth of U.S. government assets in order to fulfill his pledge to eliminate the national debt in eight years, senior adviser with the campaign Barry Bennett said.
"The United States government owns more real estate than anybody else, more land than anybody else, more energy than anybody else," Bennett told Chris Jansing Sunday on MSNBC. "We can get rid of government buildings we're not using, we can extract the energy from government lands, we can do all kinds of things to extract value from the assets that we hold."
In a wide-ranging interview with The Washington Post, Trump said he would get rid of the $19 trillion national debt "over a period of eight years." The article noted that most economists would consider Trump's proposal impossible, as it could require slashing the annual federal budget by more than half.
However, when pressed on whether the United States could sell off $16 trillion worth of assets, Bennett responded affirmatively on Sunday.
"Oh, my goodness," he said. "Do you know how much land we have? You know how much oil is off shore? And in government lands? Easily."
The federal government's assets totaled $3.2 trillion as of September 2015, according to the U.S. Government Accountability Office. However, that does not include include stewardship assets or natural resources.
(Excerpt) Read more at nbcnews.com ...
It’s brilliant, simple and so blatantly obvious you have to wonder why no one has ever thought of it before? Yes, sell off government buildings, SUVs, whatever. Pretty commonsense.
if there is no IRS/Dept of Energy/Dept of Education=no employees
That is a fine idea, as long as someone who is serious about bringing back American businesses is in charge, and makes sure the whole mess is corrected.
Otherwise we’re just selling off our country.
The Federal Reserve created money out of nothing for quantitative easing and then declared that it is trillions of dollars of federal debt owed to them. So why not just say "you created the money out of nothing, you get nothing from us". Let the mystery people who own stock in the Federal Reserve do without forever-payments to them.
“Hey, Trump. The government doesn’t own anything. We the people do. The guy needs to pick up a constitution.”
I’m guessing you really aren’t this dumb, right. It’s also our debt, so sell some of the assets and pay off the debt.
We could sell large, thinly-populated tracts back to the Native Americans, who now have all that gambling wealth.
Absolutely. There are countless ways to make the country rich and great again and bring back Middle America from decades of decline.
So.. Rather than reduce spending, find a different way to finance it?
How about reduce spending, then sell off the assets from all those alphbet agencies with no art 1 sec 8 purpose...
Trump will eminent domain it, thanks to Justice Souter!
How about moving government offices to lower rent facilities?
Cuba refuses to sell it.
Cruz will ridicule it and then come out with the same idea.
End the Federal Reserve and have them cancel the $4.5 Trillion they are holding.
Here’s the bigger news, no President except Obama can do anything unilaterally. Because Trump voices an idea does not mean it’s going to happen. He’s used to throwing out solutions then working out the details to see if it fits.
The federal government has accumulated power and property for decades. The blob must be stopped. Reversal is even better.
Don’t sell Florida to Putin. Sell Putin California, that way all those California Commiecrats will feel right at home under Putin’s dictatorship.
I don’t own The federal reserve. They can pay their own damn debt, they produce the ones and zeros. All you are doing by calling others dumb is showing your own ignorance.
Well, "We the People" also owe $19 Trillion in direct Fed.gov debt liabilities, and probably triple that amount in unaccounted liabilities.
watch him, those executive orders can be powerful...time to use them for the GOOD of the country!
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