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Donald Trump's Unusual Plan to Lower the National Debt: Sell Off 19 Trillion In Government Assets
NBC News ^ | 4 hours ago | by ANNE THOMPSON and CHRISTINA COLEBURN

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 ...


TOPICS: Breaking News; Government; News/Current Events; Politics/Elections; US: District of Columbia; US: New York
KEYWORDS: 2016election; abortion; andthenwhat; annethompson; barrybennett; bobwoodward; china; chrisjansing; christinacoleburn; cronycapitalism; cronyism; deathpanels; debt; demagogicparty; districtofcolumbia; election2016; energy; fascism; memebuilding; methane; msnbc; newyork; obamacare; obamarecession; obamataxhikes; opec; partisanmediashill; partisanmediashills; petroleum; plan; privitization; robertcosta; spendingandselling; trump; trump4sale; unelectable; usa4sale; washingtoncompost; washingtonpost; whatthetrump; zerocare
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To: drewh

The idea gets even better when you think about the company’s Trump will bring back, they will need somewhere to put all these companies...this will work! TRuMP 2016


41 posted on 04/03/2016 2:45:31 PM PDT by DAVEY CROCKETT (Cards are being played, you have been Trumped! TRUMP 2016!)
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To: Hugin

Trump doesn’t own it either. It would take an act of congress to liquidate U.S. assets. I love you Trumpeters that think he is going to be able to just unilaterally do anything he wants.


42 posted on 04/03/2016 2:46:26 PM PDT by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: VTenigma

Which means we own the debt also.


43 posted on 04/03/2016 2:47:08 PM PDT by PJammers (Quis custodiet ipsos custodes?)
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To: VTenigma

“We the people” don’t own squat anymore. We the people have been robbed blind by the feds. We the people are used, abused and discarded in favor of illegals, malcontents, thugs and the royal elitists who think we’re not worth a pot to pee in.

The Constitution is under attack by the very people who have sworn to protect it.

They ride herd on our heat, our gas, our water, our businesses, our finances, our guns, our food, etc., etc.

We the people need to get our country back before there’s nothing left. I fear it may already be too late.


44 posted on 04/03/2016 2:47:13 PM PDT by bluejean (The lunatics are running the asylum)
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To: napscoordinator

It is the way the Constitution provided that it is be, the government is supposed to be 100% supported by the assets it owns.


45 posted on 04/03/2016 2:47:26 PM PDT by patlin ("Knowledgee chosen to participate inthat is - 2nd to none but God" ConstitutionallySpeaking 2011)
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To: drewh

It’s an idea worth looking into, then enacting. They call it being resourceful.


46 posted on 04/03/2016 2:47:35 PM PDT by lee martell
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To: drewh

This was Harry Brown’s schtick a number of years (decades) ago.


47 posted on 04/03/2016 2:47:38 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: bluejean

I can’t argue any of your points.


48 posted on 04/03/2016 2:48:30 PM PDT by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: bobo1

“What a profound idea! Let’s sell all our surplus buildings and land to China.”

Lol.

Yeah. Maybe they didn’t think it through.


49 posted on 04/03/2016 2:48:39 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: drewh

I don’t like Trump, but selling some government lands is a good idea, so long as the lands are not sold to a foreign power.


50 posted on 04/03/2016 2:49:08 PM PDT by theoilpainter
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To: GreyFriar
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 live her in Cali - and Putin is way to the right of our current government.

He simply declares eminent domain on Florida, sells to Putin. Then if anyone gives him any lip, he can threaten to sue California with eminent domain, and sell to China.

With the Trump/Schumer 2016 ticket, it will be easy to push through congress.

Or - he is Trump, so Trump is like the Honey badger - he can do what he wants to do.

51 posted on 04/03/2016 2:49:12 PM PDT by builder (I don't want a piece of someone else's pie)
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To: stars & stripes forever

There ya go. There are thousandth of ways to cut the size of this bloated out of control government.

One example would be to relocate the federal building in that pricey high rent Wilshire Blvd in West LA, to facility half the size in South Central LA.


52 posted on 04/03/2016 2:49:50 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: drewh

Just our Interstates alone are worth several trillion to foreign companies. Of course we’ll then be paying 30 cents per mile to drive on them...


53 posted on 04/03/2016 2:50:06 PM PDT by BobL (A vote for Cruz...is now a vote for Romney / Jeb / Linda / Ryan (at the convention))
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To: drewh
Amen!

Dump all those leftist/progressive monuments to T.Roosevelt...(Our first marxist president)

Then dismantle BLM...(Both of them!)

54 posted on 04/03/2016 2:51:10 PM PDT by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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To: VTenigma
Hey, Trump. The government doesn’t own anything. We the people do. The guy needs to pick up a constitution.


Care to show us that clause?

55 posted on 04/03/2016 2:52:17 PM PDT by The_Republic_Of_Maine (politicians beware)
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To: BobL

the turnpikes of small flyover states could be worth billions each, but we would be getting more tolls be pay...


56 posted on 04/03/2016 2:52:21 PM PDT by drewh
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To: drewh

haha I suggested this earlier today!!!


57 posted on 04/03/2016 2:53:13 PM PDT by DouglasKC
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To: VTenigma

The constitution didn’t get us $20T in debt. You can’t just wave a copy of the constitution and get us out of 100 years of deviating from it.

It may not be constitutional for the government to own that land, but it is reality. So is the debt.


58 posted on 04/03/2016 2:53:21 PM PDT by perfect_rovian_storm
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To: Hugin

Why we need a non-politician who can think outside the box.


EXACTLY!
This Trump Trashing by the establishment networks is getting out of control.


59 posted on 04/03/2016 2:53:54 PM PDT by DefeatCorruption
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To: VTenigma
Hey, Trump. The government doesn’t own anything. We the people do. The guy needs to pick up a constitution.

We the people bought all that crap. We the people can sell it.

60 posted on 04/03/2016 2:54:13 PM PDT by DouglasKC
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