Now the U.S. govt is deleveraging..
Started by Riversider
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http://www.nytimes.com/2011/09/30/business/washington-considers-sale-of-spare-properties-to-raise-revenue.html WASHINGTON — Like Americans trying to raise quick cash by unloading their unwanted goods, the federal government is considering a novel way to reduce the deficit: holding the equivalent of a garage sale. Many conservatives — including Representative Paul Ryan of Wisconsin, chairman of the... [more]
http://www.nytimes.com/2011/09/30/business/washington-considers-sale-of-spare-properties-to-raise-revenue.html WASHINGTON — Like Americans trying to raise quick cash by unloading their unwanted goods, the federal government is considering a novel way to reduce the deficit: holding the equivalent of a garage sale. Many conservatives — including Representative Paul Ryan of Wisconsin, chairman of the House Budget Committee, and the budget experts at the Cato Institute — support the broad idea of shrinking the government by selling parts of it. Democrats like the idea of virtually painless revenue-raising. Whether Congress can pass any bill in the current atmosphere, however, is far from certain. [less]