Millions in Unused Government Equipment

" Well -- does look -- after your tax dollars that's why we're saving you 100 million dollars every Friday not to be a bottom is -- hundred eighties the 500 billion to say but apparently. As -- the only thing they can't find millions lost each you're missing an unused inventory. And equipment it seems like the government needs to manages property little better. Here break it down and save us not a million dollars is -- depth of the national taxpayers you great to see again. Saying here so inventory the government has a huge amount of inventory were also target about real estate start adding it."

" Well the federal government apparently owns more than 400000. Buildings alone. And most of them are just scattered all across the country and in fact no one has an exact count. Of just how many of these facilities there are many of them are out in Utah Nevada sitting and rusting away and in fact. Senator Tom Coburn noted that something on the order of 25 billion dollars a year is being spent on unused. And."

" Why don't you can actually if you're interest in seeing what the government has an -- wants to sell off you can go to their their website gov sales. Dot gov and take a look at everything that they have. I guess -- some pretty good deals on here for everybody out there."

" Well certainly and you know one of them has been the old Chicago post office which the federal government has spent two million dollars a year just. Maintaining maybe flushing the toilets or stomp your answer I have no ID."

" I'd hate to think that you hate to think about ways but you know you got that fish or cut -- I mean it's better to get rid of it may -- give us also bargains in the meantime all right. In the end the."

" Health services tells about this. Trulia scandalized. Agency back in 2008. It was determined that. Well over 1000 pieces of computer equipment went missing along with tractors and jaws of life. Much of this property ended up being stolen or sold a way by unscrupulous employees while. Even after the Government Accountability Office blew the whistle on that. The Indian Health Service did not mend its ways and so now in 2009. There's another fourteen and a half million dollars of unaccounted property things like a mammogram machine and an ultrasound machine things that could be put to good use but nobody knows where they aren't they might have been sold on the black market. If we were to force the Indian Health Service to eat some of this and say. No more money for you until you attract this stuff down there could be very serious saving."

" So if you have a bad track record keeping cats you get cut off it's that simple they would never allow thieves to continue to take company money. It was -- in the private sector are right NASA which does do some noble things but they're the savings it can be made there tell us about."

" Truly horrible inventory problems that the agency owing to a bad computer tracking system and employees who simply are not trained in how to classify. Pieces of property. That are not being used now but we could be put into use. The GAO auditors identified 230. Million dollars of pieces of equipment from Marcellus Scopes to tools to computers. That had been mislabeled. As not able to be used again they can be used again. If we were even put half of that equipment back in the service over the next three years we've been talking about. 38 million dollars in lower expenditures NASA would not have to purchase new items they can just recycle old ones. And you're being again very conservative -- just putting a thirty -- billion dollar price they are could be a lot more 200 million or more. Finally leasing property tell us about leasing property. One of the things the federal government does badly is a failure to capitalize costs and see the savings in the long run of owning rather than leasing buildings now. Nobody is saying that the federal government needs to be putting -- a whole lot of new structures but when it does. Owning the building rather than leasing makes much more cents or seven -- fouls and leases currently in the federal government large and small while. The GAO took a look at seven -- some larger ones. And found that as much as 83 million dollars could be saved over the life of these seven leases that they were simply. Billed to own projects instead. Now when you could consider seven major projects seventy fouls and other leasing projects you start doing the math and you realize if there were even a model come. Of fiscal restraint and common sense here we could be saving easily 28 million dollars a year just on say seven."

" That's being very conservative putting winner -- well let's let's start adding an all -- We have seven point 25 million dollars. For the Indian Health Service again very conservative figures. NASA equipment 38 million leasing property 28 and that gets his way over a hundred million we're talking a 173. Point 25. Million dollars now we should mention since we began NASDAQ brings her grand total -- to 101 billion. 607400000. Of your tax dollars that we have saved so far we're going to keep doing it every Friday -- street goodness."