Latest / The Fiscal Policy Podcast with Fexingo: Government Budgets, Stimulus, and Public Spending
How the US Government Spends 30 Billion on Unused Buildings
The US government is the world's largest tenant, leasing hundreds of millions of square feet of office space. But a recent Government Accountability Office report reveals that federal agencies are paying rent on roughly 77 million square feet of space they don't actually use — costing taxpayers about $30 billion annually. Lucas and Luna dig into the specifics: how the General Services Administration manages leases, why agencies hoard space instead of consolidating, and what it would take to fix this. They examine a case study of the Department of Agriculture, which pays for 22…
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