Republicans Seek to Sell Off Disposable Federal Real Estate to Help Pay Debt
Three Republican lawmakers are seeking to force Uncle Sam to sell about 3.3 million acres of land he no longer needs to help pay down the national debt.
Sens. John McCain of Arizona, Mike Lee of Utah and Rep. Jason Chaffetz of Utah introduced legislation this week in their respective chambers that would order Interior Secretary Ken Salazar to dispose of the federal property that the Clinton administration identified in a 1997 report as suitable for sale.
The lands are located in Arizona, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, Oregon, Utah and Wyoming and amounts to roughly 1 percent of all land managed by the Bureau of Land Management and less than one half of 1 percent of all federal land, the lawmakers said.
Sen. Mike Lee said the sale of the land alone could generate more than $1 billion and lead to strong economic development.
"That will mean jobs, future growth, and better prosperity for the surrounding areas," he said.
Chaffetz said, "While there are national treasuries worthy of federal protection, there are lands that should be returned to private ownership. If the land serves no public purpose, and is 'identified for disposal' let's return it to private ownership."