Trump Vows to Slash National Debt by Selling $16 Trillion in Government Assets

The government’s assets totaled $3.2 trillion as of September 2015, according to the federal accountability office

Donald Trump would sell off $16 trillion worth of U.S. government assets if he were to become president, according to his campaign’s senior advisor Barry Bennett, NBC News reports.

In an interview with The Washington Post, Trump said he would get rid of $19 trillion of national debt “over a period of eight years.” The article noted most economists would consider Trump’s proposal impossible.

"The United States government owns more real estate than anybody else, more land than anybody else, more energy than anybody else," Bennett told Chris Jansing Sunday on MSNBC. "We can get rid of government buildings we're not using, we can extract the energy from government lands, we can do all kinds of things to extract value from the assets that we hold."

The government’s assets totaled $3.2 trillion as of September 2015, according to the federal accountability office. But that figure doesn’t include stewardship assets or natural resources.  

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