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Latest / The Fiscal Policy Podcast with Fexingo: Government Budgets, Stimulus, and Public Spending

Why the Federal Government Is the Worlds Largest Landlord

Lucas and Luna explore a surprising corner of fiscal policy: the U.S. federal government owns nearly 640 million acres of land — roughly 28% of the country — making it the largest landlord in the world. This episode unpacks the economics of that portfolio: how the Bureau of Land Management, Forest Service, and National Park Service manage assets worth trillions, why the government collects only about $3 billion a year in grazing fees, timber sales, and mineral royalties on that land, and what a quiet debate over 'asset recycling' — selling or leasing federal land to private…

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