WASHINGTON — The Obama administration is asking Congress to sell off or demolish more than 12,000 government-owned or leased properties, saying they are under-utilized or no longer needed.
The White House is recommending the creation of a seven-person independent commission of property experts that would determine how to get rid of the properties. They include warehouses, office buildings, storage facilities, laboratories and unused roads.
The administration says taking the properties off the federal government’s books would save $15 billion over three years. The federal government is the largest land owner in the United States. It owns more than 1 million properties and has an annual operation and maintenance budget running more than $20 billion.