Network News

X My Profile
View More Activity

Obama orders cuts in federal building costs, could affect thousands of leases

By Ed O'Keefe

By The Post's Ed O'Keefe and Jonathan O'Connell:

It soon could be lights out at thousands of government buildings across the country with President Obama scheduled to sign a memo Thursday ordering federal agencies to cut $8 billion worth of building costs by the end of the 2012 fiscal year.
Military base
Military bases like this one in Alaska may be included as part of Obama's mandated facilities cuts.
The new orders could result in thousands of renegotiated or canceled leases and the divestment of government-owned office towers, courthouses, overseas embassies, storage warehouses and shacks along the Appalachian Trail. The ongoing closures and consolidations tied to the Defense Department's Base Closure and Realignment Commission would account for $5 billion of the savings, while the rest would come primarily from the departments of Energy, Homeland Security and Transportation, officials said.
The federal government is the nation's largest landowner, owning about 1.2 million buildings and other structures with a total annual operating and maintenance budget of $19 billion, according to the Office of Management and Budget. But an inventory process started during the George W. Bush administration has identified about 14,000 vacant structures and about 55,000 others that are underused.

Continue reading this story >>>

By Ed O'Keefe  | June 10, 2010; 9:00 AM ET
Categories:  Administration, Budget  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Peter Orszag wants an upgrade
Next: The government's Gulf Coast oil spill Web sites

Comments

Open your blinds and turn your lights off. That would save a ton of money right off the bat.

Posted by: anarcho-liberal-tarian | June 10, 2010 9:17 AM | Report abuse

maybe if the feds were paid for performance instead of attendance

Posted by: syoung29 | June 10, 2010 8:57 PM | Report abuse

The comments to this entry are closed.

 
 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company