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 ...
95 I like it. :)
First to relocate IRS
It won’t work because neither party will use the money to pay down the debt
...”fire those who have students graduating who cant read and write...”
Every teacher in Mexifornia would be fired. LOL! The state instituted a high school exit exam because kids were ‘graduating’ without being about to read or do basic math. Of course, the illegals all said it was racist!
Who’d buy it?
And doesn’t really have to outright sell. Start opening up oil and other leases to the highest (domestic) bidders immediately.
It has never been proposed as a method of getting rid of the debt in 8 years. Or even as part of paying down the debt at all.
This is just a small part of Trump’s plan to set the country back on her feet.
Bingo. That is the same thing the corrupt politicians do with their careers. They go from one appointed or elected office to another their entire careers, over and over, and most come out wealthy. The public servants became the masters.
Enough of this BS.
A company like Federal Express.
Good point.
The government doesn’t have to spend any money to get the oil out of the ground that way, and gets the money right away.
And we become more energy independent in the process.
It’s all good ;)
Yea, a few air heads up there did that stunt. Indiana Toll Road too, as well as one in Canada and one near Chicago.
There’s a limit in what you should sell off...and to whom.
Just one of MANY, MANY times proposed before. And certainly in the past eight years.
Politicians will just see this as another opportunity to spend without limits.
The government owns a hell of a lot, and that breach of the Constitution was executed long before Trump was even born.
Only technically true - since we elect representatives - they can sale anything on the books.
If you think you own anything on the governments books, try selling it.
“The government doesn’t own anything. We the people do”
You really believe that don’t you ... poor child
“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.”
Though a good idea, I rather doubt Trump could pull it off. Trump really does think running the country is the same as running his company.
And that was over 5 years ago. What happened? I will tell ya what happened. Those deceitful SOBs in D.C. did nothing about it. We got lip services. They talk and do nothing.
good heavens.
Go do anything against gubmint rules on gubmint land. You will find out who owns it pretty quickly.
Wonder what naming rights to Yellowstone would be worth?
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