[House Hearing, 119 Congress]
[From the U.S. Government Publishing Office]








                          FEDERAL FORECLOSURE:  
               REDUCING THE FEDERAL REAL ESTATE PORTFOLIO

=======================================================================

                             FIELD HEARING

                               before the

                     SUBCOMMITTEE ON DELIVERING ON
                         GOVERNMENT EFFICIENCY

                                 of the

                         COMMITTEE ON OVERSIGHT
                         AND GOVERNMENT REFORM

                     U.S. HOUSE OF REPRESENTATIVES

                    ONE HUNDRED NINETEENTH CONGRESS

                             FIRST SESSION

                               __________

                             APRIL 8, 2025

                               __________

                           Serial No. 119-18

                               __________

Printed for the use of the Committee on Oversight and Government Reform






    [GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]









                       Available on: govinfo.gov
                         oversight.house.gov or
                             docs.house.gov
                             
                                   _______
                                   
                 U.S. GOVERNMENT PUBLISHING OFFICE 
                 
60-028 PDF                   WASHINGTON : 2025 
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             
              COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM

                    JAMES COMER, Kentucky, Chairman

Jim Jordan, Ohio                     Gerald E. Connolly, Virginia, 
Mike Turner, Ohio                        Ranking Minority Member
Paul Gosar, Arizona                  Eleanor Holmes Norton, District of 
Virginia Foxx, North Carolina            Columbia
Glenn Grothman, Wisconsin            Stephen F. Lynch, Massachusetts
Michael Cloud, Texas                 Raja Krishnamoorthi, Illinois
Gary Palmer, Alabama                 Ro Khanna, California
Clay Higgins, Louisiana              Kweisi Mfume, Maryland
Pete Sessions, Texas                 Shontel Brown, Ohio
Andy Biggs, Arizona                  Melanie Stansbury, New Mexico
Nancy Mace, South Carolina           Robert Garcia, California
Pat Fallon, Texas                    Maxwell Frost, Florida
Byron Donalds, Florida               Summer Lee, Pennsylvania
Scott Perry, Pennsylvania            Greg Casar, Texas
William Timmons, South Carolina      Jasmine Crockett, Texas
Tim Burchett, Tennessee              Emily Randall, Washington
Marjorie Taylor Greene, Georgia      Suhas Subramanyam, Virginia
Lauren Boebert, Colorado             Yassamin Ansari, Arizona
Anna Paulina Luna, Florida           Wesley Bell, Missouri
Nick Langworthy, New York            Lateefah Simon, California
Eric Burlison, Missouri              Dave Min, California
Eli Crane, Arizona                   Ayanna Pressley, Massachusetts
Brian Jack, Georgia                  Rashida Tlaib, Michigan
John McGuire, Virginia
Brandon Gill, Texas

                                 ------                                
                       Mark Marin, Staff Director
                   James Rust, Deputy Staff Director
                     Mitch Benzine, General Counsel
                      Peter Warren, Senior Advisor
                          Alex Rankin, Counsel
                        Madeline Brewer, Counsel
             Jenn Kamara, Senior Professional Staff Member
               Lauren Hassett, Professional Staff Member
      Mallory Cogar, Deputy Director of Operations and Chief Clerk

                      Contact Number: 202-225-5074

                  Jamie Smith, Minority Staff Director

                      Contact Number: 202-225-5051
                                 ------                                

          Subcommittee on Delivering on Government Efficiency

              Marjorie Taylor Greene, Georgia, Chairwoman
Michael Cloud, Texas                 Melanie Stansbury, New Mexico 
Pat Fallon, Texas                        Ranking Minority Member
William Timmons, South Carolina      Eleanor Holmes Norton, District of 
Tim Burchett, Tennessee                  Columbia
Eric Burlison, Missouri              Stephen Lynch, Massachussetts
Brian Jack, Georgia                  Robert Garcia, California
Brandon Gill, Texas                  Greg Casar, Texas
                                     Jasmine Crockett, Texas
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                                     
                         C  O  N  T  E  N  T  S

                              ----------                              

                                                                   Page

Hearing held on April 8, 2025....................................     1

                               Witnesses

                              ----------                              

Mr. David Marroni, Director, Physical Infrastructure, U.S. 
  Government Accountability Office
Oral Statement...................................................     5
Mr. John Hart, CEO, Open the Books
Oral Statement...................................................     6
Mr. Ron Kendall (Minority Witness), Executive Chairman Emeritus, 
  National Federal Development Association
Oral Statement...................................................     8

Written opening statements and bios are available on the U.S. 
  House of Representatives Document Repository at: 
  docs.house.gov.

                           Index of Documents

                              ----------                              

  * Press Release, White House, ``Biden Announces New Actions to 
  Ease Burden of Housing Costs''; submitted by Rep. Lynch.

  * Press Release, GSA, ``GSA Accelerates Efforts to Rightsize 
  Federal Real Estate''; submitted by Rep. Lynch.

Documents are available at: docs.house.gov.

                          ADDITIONAL DOCUMENTS

                              ----------                              

  * Questions for the Record: to Mr. Marroni; submitted by Rep. 
  Brown.

These documents were submitted after the hearing, and may be 
  available upon request.

 
                          FEDERAL FORECLOSURE: 
               REDUCING THE FEDERAL REAL ESTATE PORTFOLIO 

                              ----------                              


                         Tuesday, April 8, 2025

                     U.S. House of Representatives

              Committee on Oversight and Government Reform

          Subcommittee on Delivering on Government Efficiency

                                                   Washington, D.C.

    The Subcommittee met, pursuant to notice, at 10:02 a.m., in 
the Wilbur J. Cohen Federal Building Auditorium, 330 
Independence Avenue S.W., Washington, D.C., Hon. Marjorie 
Taylor Greene [Chairwoman of the Subcommittee] presiding.
    Present: Representatives Greene, Cloud, Fallon, Timmons, 
Burchett, Burlison, Jack, Stansbury, Norton, Lynch, Garcia, and 
Crockett.
    Also present: Representative Brown.
    Ms. Greene. This hearing of the Subcommittee on Delivering 
on Government Efficiency will come to order.
    Welcome, everyone. Without objection, the Chair may declare 
a recess at any time. I recognize myself for the purpose of 
making an opening statement.
    Welcome, everyone, to today's DOGE Subcommittee hearing on 
Federal real estate. This is an area where the Trump 
Administration is taking long overdue action.
    The Federal Government owns a massive real estate portfolio 
of more than a quarter million buildings. No one knows how much 
of this real estate is actually being put to use or what it is 
worth on the open market.
    Here is what we do know. Taxpayers spend about $10 billion 
annually just to operate and maintain all of it. American 
taxpayers have been drowning in debt, inflation, unaffordable 
grocery prices, high interest rates, and have been suffering to 
get by, all while the Federal Government is pouring billions of 
dollars into wasteful empty office buildings and luxurious 
high-end furniture, which they, the American taxpayers, cannot 
even afford themselves. It is quite a hypocrisy.
    These buildings sat largely empty during the entire Biden 
Administration, which kept Federal office workers at home long 
after the COVID-19 pandemic ended. By the way, truck drivers, 
first responders, so many people worked during the pandemic, 
but Federal workers could stay home and these Federal buildings 
sat empty.
    Here in D.C., GAO found, in 2023, that the vast majority of 
Federal agency headquarter buildings were less than 25 percent 
occupied, some much less. Meanwhile, from 2022 to 2024, the 
backlog of deferred maintenance on the aging buildings the 
government owns grew from $216 billion to $370 billion. That is 
more than one-third of a trillion dollars it will cost to 
restore them if we do not sell them.
    What is worse, aside from paying for useless leases and 
allowing Federal buildings to decay, the Biden Administration 
spent billions on high-end furniture for empty buildings during 
the pandemic. No one was sitting in those chairs or at those 
desks. Our witness from Open the Books will testify to that.
    It is only now, under the Trump Administration, that we see 
a light at the end of the tunnel. This Administration is taking 
historic action on reducing the size of the government and with 
it a significant reduction in the useless office space that is 
claimed to be essential for the government to operate.
    GSA has established a goal to reduce the size of the 
federally owned real estate footprint by 50 percent. This is a 
massive real estate auction.
    The President issued an executive order instructing 
agencies to update their property inventory and to determine 
which of their government-leased or government-owned spaces 
they do not need.
    In just a few months since inauguration day, DOGE and the 
General Services Administration have sold off several Federal 
properties and worked with agencies to eliminate hundreds of 
unneeded taxpayer-funded office leases. More specifically, they 
have canceled nearly 700 Federal leases of 7.9 million square 
feet of space, saving taxpayers around $400 million.
    One of the canceled leases was a nearly quarter of a 
billion dollar 15-year lease at a luxury office building on 
Pennsylvania Avenue to house Voice of America and the United 
States Agency for Global Media. The Biden Administration signed 
the lease late last year, sticking taxpayers with the tab. It 
is one of the fanciest office buildings in the city. You can 
see of the building on this poster board. Incredible.
    Furthermore, this beautiful building had zero broadcasting 
capabilities, a capability one would think would be essential 
for a broadcasting media agency. The cost to taxpayers to build 
out the building with broadcasting capabilities, $130 million. 
The Biden team wanted to move USAGM and Voice of America from 
this building that we are sitting in today into that luxury 
space. Instead, the President is shutting down the whole state-
run media operation and taxpayers will be spared a quarter 
billion dollar lease and millions more for renovations and 
security measures.
    This is just one example of countless egregious abuses of 
leases and contracts being paid out across the Federal 
Government.
    Another egregious abuse of taxpayer dollars regarding 
Federal property was the $200 million the FBI received last 
year for a new headquarters in Maryland. While the FBI was 
going after the American people, parents at school board 
meetings, and many others, our Federal Government gave them 
hundreds of millions of dollars of American tax dollars for a 
brand-new, beautiful headquarters.
    Federal agencies should not be maintaining empires at 
taxpayer expense. That is why GSA, the Federal landlord agency 
driving this reform process, plans to lead by example. Imagine 
that. It intends to vacate its current headquarters building in 
downtown D.C. and co-locate with another agency. Then it will 
sell the GSA headquarters.
    Before I close, I will note that Congress also acted on 
this front in January. We passed a law requiring Federal 
building occupancy to be tracked and for low-occupancy 
buildings to be sold, but it will take a willing partner in the 
White House to implement that law and to take other steps to 
shrink the Federal real estate empire. We now have that 
partner, and I look forward to working with the Trump 
Administration and DOGE to finally rightsize the Federal real 
estate footprint.
    And with that, I yield to Ranking Member Stansbury for her 
opening statement.
    Ms. Stansbury. All right. Well, good morning. I always 
enjoy a field hearing, and it is nice to be out in the field 
here in Washington, D.C. I would like to thank the Chairwoman 
for holding this hearing focused on properties that the Federal 
Government manages.
    The General Services Administration, or GSA, manages 
roughly 9,000 federally owned properties and private sector 
leases in all 50 states and territories. Federal real estate is 
what makes it possible for the civil service to serve the 
American people. This is programs like Social Security, 
Medicare, Medicaid, education, care for our veterans, and all 
of the programs and services that are so vital to our 
communities, but unfortunately, as we know, are currently under 
attack.
    For more than two decades across both Republican and 
Democratic administrations, the Government Accountability 
Office identified Federal property management as a significant 
challenge, including problems of excess and underutilized space 
and poor building conditions. All of that is to say, that this 
is a longstanding issue that many administrations have worked 
on and it certainly is not something new.
    My colleagues and I have consistently worked to improve 
stewardship of Federal real estate so it can better serve the 
American people, and that is why I would love to make this a 
bipartisan hearing about how we address the needs of this 
country and best serve the people of this Nation.
    The last Administration disposed of property, saving nearly 
$2 billion for American taxpayers. And recently, Congress 
worked together to pass bills for additional tools to reform 
and consolidate the Federal property inventory. These efforts 
also directed the sale of four Federal buildings, including the 
one we are here in today. The Inflation Reduction Act also 
helped to facilitate property consolidation, including reducing 
the Department of Homeland Security footprint by over a million 
square feet and saving taxpayers over a billion dollars over 30 
years.
    But instead of building on these successes and continuing 
to do what could be characterized as the tedious analytical 
work on behalf of Americans, the Trump Administration is 
currently taking a fire sale approach of looting the Federal 
Government and stripping it for parts to pay for tax cuts that 
we know will come up in their reconciliation deal.
    Let us be clear. Republicans are trying to pass legislation 
right now that would give billionaires permanent tax breaks, on 
the order of $37 trillion over the next three decades. And in 
order to pay for that, they are looting the Federal Government 
and taking a page out of the playbook of private equity. Take 
public assets, privatize them, sell them for profit, lease them 
back, help your buddies make money. And that is exactly what we 
are seeing here today.
    And unfortunately, we have seen this across the Federal 
Government since the Trump Administration took office. In fact, 
we have been deeply concerned that the entire DOGE effort has 
been a front to help support billionaires who are trying to 
privatize public services.
    And just this week we have seen, as Elon Musk is on his 
exit out of the Federal Government, he has secured billions of 
dollars in new contracts across the Federal Government. 
Conflict of interest? Yes, absolutely. It appears that he has 
recently secured contracts and promises for contracts at the 
Department of Defense, NASA. He has installed Starlink at the 
White House and is asking to install it at other Federal 
agencies. And we understand that there is the potential to 
potentially deploy his AI technology across the Federal 
agencies to replace the tens of thousands of Federal employees 
that have recently been illegally fired.
    That is why we are deeply concerned about the non-data 
driven fire sale that the Trump Administration is proposing for 
Federal properties, such as the one we are in today.
    So, I am deeply distraught and dismayed that we do not have 
an Administration witness with us here today. The GSA is not 
here to answer questions. That, yet again, Elon Musk is not in 
front of this Committee. And unfortunately, we have yet to see 
a single Trump political appointee in front of this Committee 
or the Oversight Committee. So, we will continue to do our jobs 
to elucidate what is happening inside the Federal Government.
    I look forward to hearing from the witnesses today and I 
look forward to talking about how we can actually manage 
Federal properties and the Federal work force to continue to 
provide the vital services that are needed for the American 
people.
    Finally, I just want to say that it is quite rich to talk 
about the abuse of Federal properties after Donald Trump used 
the historic Postal Service building just down the street 
during his Administration to make millions and millions of 
dollars from foreign governments while they came and visited 
him in the Oval Office. So, let us make sure that we are doing 
right by the American people and doing things in a way that is 
transparent and also in the interest of the public.
    And with that, I yield back.
    Ms. Greene. Without objection, Rep. Brown from Ohio is 
waived on to the Subcommittee for the purpose of questioning 
the witnesses at today's hearing.
    I am pleased now to introduce today's witnesses.
    Mr. David Marroni is a Director in GOA's [sic] Physical 
Infrastructure team. He oversees work on Federal real property 
management and the U.S. Postal Service. Mr. Marroni joined GAO 
in 2004.
    Mr. John Hart is CEO of Open the Books. Mr. Hart is a 
veteran of Capitol Hill, having served in the late U.S. 
Representative and Senator Tom Coburn's long-time 
Communications Director and co-author. Mr. Hart helped enact 
landmark transparency legislation to put Federal spending 
online.
    Mr. Ron Kendall is the Executive Chairman emeritus at the 
National Federal Development Association. He previously served 
in senior roles in the Federal Government, including within 
GSA's Public Buildings Service.
    Again, I want to thank you all for being here to testify 
today.
    Pursuant to Committee Rule 9(g), the witnesses will please 
stand and raise their right hand.
    Do you solemnly swear or affirm that the testimony you are 
about to give is the truth, the whole truth, and nothing but 
the truth, so help you God?
    [Chorus of ayes.]
    Ms. Greene. Let the record show that the witnesses answered 
in the affirmative.
    Thank you. You may take a seat.
    We appreciate you being here today, and I look forward to 
your testimony. Let me remind the witnesses that we have read 
your written statements and they will appear in full in the 
hearing record. Please limit your oral statement to 5 minutes. 
As a reminder, please press the button on the microphone in 
front of you so that it is on, and the Members can hear you. 
When you begin speaking--well, this one may be different. Is it 
the same? The light will blink? It will? OK.
    When you begin to speak, the light in front of you will 
turn green. After 4 minutes, the light will turn yellow. When 
the red light comes on, your 5 minutes have expired, and we 
would ask that you please try to wrap it up.
    I now recognize Mr. Marroni for his opening statement.

                       STATEMENT OF DAVID MARRONI

                   DIRECTOR, PHYSICAL INFRASTRUCTURE

                 U.S. GOVERNMENT ACCOUNTABILITY OFFICE

    Mr. Marroni. Thank you, Chairwoman Greene, Ranking Member 
Stansbury, and Members of the Subcommittee. I am happy to be 
here today to discuss GAO's perspectives on how to make Federal 
property work better for the American taxpayer.
    For more than 20 years, we have identified the management 
of Federal property as a high-risk area in need of substantial 
transformation. The Federal Government has held on to too much 
space and has been too slow in shedding underused properties.
    Federal buildings are often in poor condition and not well 
configured for the modern workplace, and the data needed to 
make good real property decisions has often been unreliable, in 
some cases nonexistent.
    The pandemic shined a spotlight on these longstanding 
problems and created a unique opportunity to rightsize the 
Federal Government's property holdings. While there have been 
important actions in recent years to take advantage of this 
opportunity, progress has been slow. Agencies were in a wait-
and-see mode for too long.
    Since January, there has been a notable shift in momentum. 
GSA is now rapidly moving forward with plans to terminate 
leases and dispose of large amounts of Federal property. This 
has disrupted the longstanding inertia that has slowed previous 
efforts to reshape the Federal Government's real property 
holdings.
    There is a risk of moving too fast. Most buildings have 
active tenants and relocating them could be costly. As a 
result, as GSA and other agencies move forward, it is important 
that they balance the goal of speedy reductions with the need 
for deliberate planning. This will best ensure the most 
efficient and effective result for the American taxpayer.
    There are a lot of moving parts right now that will shape 
Federal property for years to come. First, the Trump 
Administration's return-to-office policy and its reductions in 
force are still relatively early in their implementation. 
Second, agencies will be measuring building utilization across 
all their owned and leased space for the very first time 
starting this summer. Third, it is going to take time and money 
to move out of properties and consolidate into others, so 
agencies will need to prioritize. The Administration will have 
better information on each of these data points by this summer 
to help inform its efforts.
    GSA and other agencies should use that new information to 
sequence real property reductions in a way that makes the most 
sense. GSA's recent decision to take an incremental approach to 
property disposals by starting with owned buildings that are 
clearly not needed is a positive step in this direction. Taking 
a deliberate and strategic approach to real property reductions 
could generate substantial savings for the taxpayer and 
mitigate the risk of costly mistakes and unexpected mission 
impacts.
    In conclusion, rightsizing the Federal Government's real 
property holdings is long overdue. As the Administration moves 
forward with reductions, they should do so deliberately in a 
way that balances speed with planning. Doing so will best 
position the Federal Government to achieve the most efficient 
and effective result for the American taxpayer while ensuring 
agencies have the right space to successfully carry out their 
missions.
    Madam Chairwoman, that concludes my opening statement. I 
will be happy to answer any questions.
    Ms. Greene. Thank you.
    I now recognize Mr. Hart for his opening statement.

                         STATEMENT OF JOHN HART

                                  CEO

                             OPEN THE BOOKS

    Mr. Hart. Madam Chair Greene, Ranking Member Stansbury, and 
distinguished Members, thank you for having me today at this 
hearing.
    As we gather in this cavernous auditorium, we have an 
opportunity to reflect on, not just the costly problem that 
Chairman Greene described in her opening statement, but its 
root causes. Today's expansive, excessive, and sometimes 
opulent Federal real estate portfolio is both a monument to the 
administrative state and a mausoleum of lost dreams, 
opportunity, and freedom for American taxpayers.
    In the early 20th century, progressives like Herbert Croly 
dreamed of managing a complex new world with a managerial 
class. Croly believed in, quote/unquote, ``increasing control 
over property in the public interest.'' He would no doubt be 
pleased to see this auditorium and the administrative state's 
impressive portfolio of office space. So, this hearing is an 
opportunity for Congress to turn away from this failed policy 
of the past and reestablish our Founders timeless vision of 
limited constitutional government and transparency.
    At Open the Books, we view transparency as a first 
principle in a free society. Our work was, in part, enabled by 
landmark bipartisan transparency legislation: the Federal 
Funding Accountability and Transparency Act of 2006, or the 
Coburn-Obama bill, that I helped craft when I was working for 
then-Senator Tom Coburn. And that bill created USAspending.gov 
and put all Federal spending online for the first time.
    Our Founders wisely prioritized transparency and wrote it 
into the Constitution. Article I, section 9, clause 7 says that 
a regular statement and account of receipts and expenditures of 
all public money shall be published from time to time. Note 
that these words precede the Bill of Rights, the First 
Amendment, and our right to free speech itself.
    In the public square, transparency is like oxygen. We 
cannot speak if we cannot breathe. So, when we at Open the 
Books looked at the Federal real estate portfolio, we 
discovered the high cost of decorating and redecorating the 
administrative state. And to taxpayers, today's hearing is 
quite literally a kitchen table issue.
    Every family can relate to the cost of furniture. That is 
why taxpayers are so incensed when they learned that Federal 
agencies are freely spending billions of dollars every year on 
high-end pieces. Since Fiscal Year 2021, executive agencies 
have spent more than $4.6 billion on furniture alone. That 
amount could buy 9.2 million American families a modest $500 
kitchen table. And of course, workplaces need desks, chairs, 
and meeting tables. And it is true that beautiful spaces can 
make us more productive, but beauty at what cost and on whose 
dime?
    Do Federal employees need seven figures worth of abstract 
modern art to make government run? The State Department spent 
$1.4 million on artwork for various embassies, including 
$200,000 to procure a pair of custom paintings from a 
contemporary abstract artist. Do they need high-end leather 
recliners worth thousands of dollars each? Our Embassy in 
Islamabad is a place where you can put your feet up, thanks to 
40 Ethan Allen chairs which cost taxpayers $120,000.
    During the peak years of the COVID emergency, from 2020 to 
2022, agencies spent $3.3 billion on furniture even as work 
migrated to Zoom. The SEC managed to spend $700,000 furnishing 
a single conference room in New York. And social distancing 
guidelines failed to keep even the Centers for Disease Control 
from buying solar-powered picnic tables with charging ports 
that, by their own rules, should have sat unoccupied.
    And an added burden for taxpayers is that many spaces are 
in long-term disrepair, as we mentioned before. Federal 
buildings need $370,000 billion in fixes. All in all, we have 
an incomprehensible amount of physical space and furnishings, 
too much of it inefficiently procured, leased, and maintained.
    At Open the Books, we believe taxpayers are demanding 
transparency and accountability. Instead of expanding Federal 
agencies, they want Congress to expand their agency and their 
right to pursue happiness on their terms with their own 
resources. Thomas Jefferson wisely said, ``The natural progress 
of things is for liberty to yield and government to gain 
ground.'' Every dollar saved in Washington is a dream realized 
somewhere in America. The administrative state's well-decorated 
real estate portfolio is a worthy place to start.
    I look forward to your questions.
    Ms. Greene. Thank you, Mr. Hart.
    I now recognize Mr. Kendall for his opening statement.

                        STATEMENT OF RON KENDALL

                      EXECUTIVE CHAIRMAN EMERITUS

                NATIONAL FEDERAL DEVELOPMENT ASSOCIATION

    Mr. Kendall. Thank you, Chairwoman Greene, Ranking Member 
Stansbury, other Members of Congress, staff, guests. A brisk 
good morning to all.
    My name is Ron Kendall. I am the Executive Chairman 
emeritus of the National Federal Development Association. That 
is a trade association comprised of owners and developers of 
real estate that is leased to the Federal Government, along 
with various service providers, financiers, attorneys, brokers, 
and so forth.
    My relevance to this Committee's inquiry today is twofold. 
First, 24 years ago when I served as the Chief Asset Officer of 
the Public Buildings Service, I wrote a paper called the 
Portfolio Restructuring Strategy. It bears very closely to what 
the Administration is doing today in terms of disposal of 
Federal buildings.
    I want to explain that a bit. It is based upon three key 
findings. No. 1, that the PBS-owned portfolio had significant 
accrued depreciation in terms of physical needs for the 
properties. Billions of dollars, just as it is today.
    Two, is the recognition that GSA was never going to receive 
appropriations sufficient to be able to cure that depreciation, 
that all the repairs and replacements that the buildings 
needed.
    The third is a critical point. What we did--when my 
analysts went to look at the portfolio's performance, we 
noticed something very interesting. Fifteen percent of the 
buildings, in terms of building number, 250 roughly out of 
1,750 buildings, produced 95 percent of the financial--what is 
called FFO, funds from operations, a term borrowed from the 
REIT industry. The profitability of the Federal Buildings Fund 
depended upon 250 buildings. That is a small number, less than 
15 percent, but it constituted 55 percent of the square 
footage.
    So, the portfolio strategy was very simple: Take and direct 
the scarce capital resources that GSA would receive by 
appropriation to those buildings, because those are the ones 
that are keeping you going, and sell off the balance, but only 
when you need to, not when the buildings are--when the 
buildings fall into decrepit states or when fire, like safety 
issues, are pressing and you need to vacate. There is no need 
to get out before then.
    Now, some may construe the strategy as being very GSA-
centric in terms of the profitability of the Federal Buildings 
Fund, but that is a mistake in apprehension, because it is 
really good government. GSA's core portfolio, that is how we 
defined it back then, 24 years ago, is a portfolio of well-
occupied, high-rent buildings in major metropolitan areas. And 
so, by having those buildings in the inventory, you avoid 
paying high-lease costs to the private sector, so it is really 
benefiting the American taxpayer.
    Now, my concern today is that the DOGE-led disposal group, 
the non-core buildings that were posted briefly and taken down 
after a day, 440 some buildings, consisted of buildings that 
should not be on that list, buildings that are brand new, like 
the Volpe Center in Cambridge, Massachusetts. Brand new. It 
will not need major repair for 15 or 20 years.
    The Main Justice building was on that. That is a core 
property. So, my concern is that this is not being done 
judiciously. The list of core properties is pretty easy to 
figure out and needs to be protected.
    So, disposal is not the enemy. It is how it is done, and it 
must be done carefully with deliberate study.
    I am about out of time. I simply want to talk quickly about 
leases. It looks to me that there is a list of leases that are 
being terminated purely because they are soft term. Agencies 
still have needs for that space. So, my concern is that we are 
not looking at agency mission when terminating soft term 
leases. It is very important to maintain the viability of 
agencies to execute their mission.
    I am out of time. I look forward to questions.
    Ms. Greene. I now recognize myself for 5 minutes of 
questions. And I thank the witnesses for their testimony.
    Mr. Marroni, the title of your testimony is ``Reducing the 
Government's Holdings Could Generate Substantial Savings,'' and 
I agree with that. And thanks to the Trump Administration, we 
are finally seeing some savings, $400 million on leases, 
according to the Administration.
    Do you think the government's excess properties exist in 
part because Federal agencies and the bureaucrats who run them 
have no incentive to move or to give up their space? Just, why 
won't these agencies co-locate and downsize?
    Mr. Marroni. So, there are a number of reasons, but 
certainly cultural reticence to sharing space is something we 
have identified in the past. Also, inertia, for lack of a 
better word. It is a space you have already had and there is 
not as much incentive to move. It costs money to move out of 
space at times and agencies have not always put that up front. 
There is a number of other reasons possibly too, but certainly 
those are both valid reasons that they have brought up before. 
Those are reasons that have been brought up before.
    Ms. Greene. Right. Except their actions are different. They 
certainly were ready to jump out of this building and lease a 
very expensive building on Pennsylvania Avenue.
    Recent Presidents could not overcome that bureaucratic 
inertia, yet President Trump and DOGE ended almost 700 leases 
in just a few months. That is unbelievable.
    Has any other administration acted so quickly to reduce the 
Federal footprint, that you know of?
    Mr. Marroni. Not that I am aware of.
    Ms. Greene. Yes. Much needed, though.
    Mr. Marroni, your testimony states that a GAO covert 
operation last year was successful about half the time in 
sneaking prohibited items past the guards and into Federal 
buildings. I am really interested in that.
    What sort of items did you sneak in? What dangers does this 
vulnerability pose?
    Mr. Marroni. Right. So, we snuck in three different items: 
a multipurpose tool with a knife, a baton like a baton you 
could use to attack someone with, and pepper spray. All those 
are prohibited items. All those are things you could cause real 
harm if you wanted to, and like you said, about half the time 
we were able to get that through, so that raises concerns. We 
only did 27 tests and got through half the time. That suggests 
other items could be getting through at a greater level.
    Ms. Greene. But you got through half the time in 27 tests.
    Mr. Marroni. Correct. And that also comports with FPS', the 
Federal Protective Service's, own covert testing program.
    Ms. Greene. Wow. That is definitely terrifying. Thank you 
for that. I have a lot of death threats and several people have 
been convicted and served time in prison for planning to murder 
me, so I always appreciate the efforts on every single aspect 
of security to make sure that people that work within the 
Federal Government and the Capitol and visitors, as well, are 
safe. So, thank you.
    Mr. Hart, I appreciate the work your organization has done 
in making the American people aware how the government spends 
American's hard-earned money, including this chart behind me 
here. It shows a disgusting amount of Federal spending on 
furniture, which is what you talked about.
    So, how did you go about finding the Biden Administration 
spent about $1 billion per year on furniture while Federal 
buildings sat empty during COVID and Federal workers worked 
from home?
    Mr. Hart. Yes. What we do, Chairman, is we have access to 
all Federal spending through USAspending.gov, and that's a bill 
that I helped pass back in 2006. So, we are able to do key word 
searches and look at furniture, look for vendors even, and 
identify--and key word search things like ``recliners'' to 
identify and understand how much the Federal Government is 
spending on furniture. And it is really a scope-of-government-
problem issue, I mentioned in my opening statement. When we 
decide----
    Ms. Greene. Yes, it is a big scope----
    Mr. Hart. When we decide to have a large scope, there is 
going to be a big cost of furniture, so it is--but it is a very 
useful way to think about and assess whether we ought to have 
this number of Federal buildings at this time.
    Ms. Greene. Yes. Mr. Hart, we appreciate those efforts.
    In 2021, the CDC spent almost a quarter million dollars on 
solar-powered picnic tables. The CDC at the time was telling 
people to socially distance with masks and basically forcing a 
vaccine that many Americans did not want.
    So, what use would its employees have for this new picnic 
table that has quite the price tag?
    Mr. Hart. Yes, it is quite expensive and, you know, the 
social distancing guidelines suggested they should not be 
seated at that table while they were spending $237,000 on it.
    Ms. Greene. Look at those seats. Look at those seats. That 
is not social distancing.
    Mr. Hart. No, they are quite close. There is a close 
proximity of those seats to the other person in order to 
utilize those.
    Ms. Greene. Yes. Real quick, I have just got a short amount 
of time yet. I would like to ask just basically, just for the 
general audience, is $238,000 spent on solar-powered picnic 
tables at the CDC appropriate? I think the American people 
thinks that is disgusting. Is $700,000 spent by the SEC for 
their New York regional office conference room appropriate of 
taxpayer dollars? I do not think so. What about $6.5 million 
spent on high-end furniture to redecorate the EPE office? No. 
And then $284,000 in Herman Miller furniture for FEMA's 
headquarters conference center an appropriate use of taxpayer 
dollars? I would argue not.
    I am definitely over time, so thank you, gentlemen.
    I now yield to the Ranking Member, Stansbury, for 5 
minutes.
    Ms. Stansbury. Thank you, Madam Chairwoman.
    Mr. Marroni, I am grateful that you are here. I know in the 
report that GAO has published that real estate of the Federal 
Government has been on the high-risk list since 2003, and part 
of that is that we are not disposing of it and taking care of 
it in as quickly a process as needed, so I think this is an 
issue that we have bipartisan agreement on. Certainly, if you 
are overinvested in assets, it is something that you need to 
deal with as a business.
    But, you know, I am a former OMB employee. I was a non-
partisan Federal official, and I worked on the Department of 
Interior's portfolio. And one of the things that the American 
public may not realize is that when the Federal Government is 
trying to figure out how to reconfigure its Federal property 
footprint, there is a whole planning process that begins.
    So, you first work with the Federal agencies. You identify, 
are they going to change the configuration of how they are 
using space based on sharing of desk space, if there is 
laboratories needed, do they need to be physically located in 
certain spaces? This is what any company does, right. They try 
to figure out where their employees are going to be located.
    Then there is a planning process with the actual real 
estate itself, because in many cases you cannot dispose of your 
leases without investing in construction and improvements 
because of the terms of a lease, if it is a lease, or if you 
are trying to dispose of the property and get fair market 
value.
    So, what I really want to highlight here is that we need an 
expedited process, but any private company or public entity 
would have to go through an extensive planning process to do it 
in a way that would get a fair shake for the taxpayers. Would 
you agree with that?
    Mr. Marroni. There is certainly planning steps you want to 
take.
    Ms. Stansbury. Absolutely. So, the idea of just putting out 
a list of hundreds of Federal properties, including some of the 
most valuable real estate in Washington, DC. on the Federal 
Mall, including the headquarters of every major Federal agency, 
is not a planning process. That is a fire sale of some of the 
most valuable real estate properties in Washington, DC.
    Now, we all know that Donald Trump is a real estate 
developer--let us not lose sight of that--and certainly he 
understands the significance of the disposal of properties in 
the most valuable real estate in our Nation's Capital. So, I 
think it is important that we keep that in mind as we are 
thinking about, is the intentions of what DOGE is doing, are 
they actually in the public interest?
    And, Mr. Marroni, I want to also go back to kind of the 
bigger economic context, because I think it actually relates to 
the issues that we are dealing with this week in the House. In 
fact, you know, Donald Trump has put into place tariffs last 
week that are causing the markets to tank, right now the 
economy is in complete free fall, and House Republicans are 
whipping votes to try to get this new package across the finish 
line that would give permanent tax breaks to billionaires, and 
the markets are completely shook by it.
    And I know you--this is outside your purview, but the issue 
here is that anyone who works in real estate right now knows 
that this is not a good time to sell real estate. Would you 
agree with that?
    Mr. Marroni. It is a challenging time, particularly 
commercial offices.
    Ms. Stansbury. Absolutely. So, that is the point I want to 
make. If we are talking about actually getting value for the 
taxpayers, then doing a fire sale of Federal properties and 
then putting into place expensive leases where the Federal 
Government would spend Federal taxpayer dollars to lease back 
from private entities at this moment, as the market is in free 
fall and the real estate market is in complete tanking at the 
moment, it is not a good use of taxpayer dollars. Like, this is 
a terrible idea at this moment, and it needs to be done through 
a sane process.
    Now, Mr. Hart, I was interested in your testimony, and I 
actually just want to follow up. You used in your testimony a 
bunch of times this concept of dismantling the administrative 
state. And so, I am just curious, do you view the disposal of 
Federal real estate as part of dismantling the administrative 
state?
    Mr. Hart. No. I view it as empowering taxpayers and 
transferring wealth from Washington to individual Americans. 
So, I think it is probably one of the best economic stimulus 
programs you could have is to shift tax dollars from----
    Ms. Stansbury. May I ask, Mr. Hart, is your agenda to 
dismantle the administrative state?
    Mr. Hart. No. My agenda is transparency and to give----
    Ms. Stansbury. I am sorry, Mr. Hart, I understand. I just 
listened to your 5 minutes of testimony.
    I think it is very clear that part of the agenda here is 
really about dismantling the administrative state and using 
real assets of the Federal Government to do that. I mean no 
disrespect, but I wanted to reclaim my time.
    So, the point here is that things are not always as they 
appear in Washington, DC, and I think it is very clear that 
this is not about the Federal taxpayers and the American 
people. This is about disposing of Federal property and a fire 
sale to make the wealthy more wealthy.
    Thanks. I yield back.
    Ms. Greene. I would like to point out that the market is up 
about 1,400 points.
    With that, I now recognize Mr. Fallon for 5 minutes.
    Mr. Fallon. Thank you, Madam Chair. You have got to love 
the hyperbolic accusations and class warfare all in one 
sentence.
    We have 1,500 Federal buildings. We have 7,500 leases of 
other locations, 511 million square feet of office space, and 
it really comes down to need and want. There might be some 
people that want all of that space, but do we really need it? 
And clearly, when you read government reports, even pre-COVID, 
we did not need the space that we had. We had too much. Then 
COVID exacerbated and the surplus exploded.
    Now, in 2022, Joe Biden in his State of the Union Address, 
and I quote, said, ``The vast majority of Federal workers will 
once again work in person.''
    Mr. Kendall, do you believe Mr. Biden achieved his goal?
    Mr. Kendall. Mr. Fallon, I believe that he made a directive 
which was tempered by agency input. There was a lot of----
    Mr. Fallon. So, Mr. Kendall, sorry, I have 5 minutes. So, 
do you believe he achieved that goal, yes or no? We can talk 
about----
    Mr. Kendall. To some degree he did.
    Mr. Fallon. To some degree. OK.
    2023 GAO report found that 17 of the 24 largest Federal 
agencies used only 25 percent of their headquarters capacity. 
Of all 24, not one of them reached over 50 percent, and we are 
talking big ones: Defense, State, Commerce, Justice, Treasury, 
et al. This much space, when you are talking about operation 
and maintenance bills, are going to be in the billions. Leases, 
$7 billion just on leases, and then there is a backlog deferred 
maintenance, which is now estimated--and these are not our 
numbers. These are not Republican numbers. These are numbers 
from government agencies--is $370 billion. So, 17 out of 24; 71 
percent are under 25 percent and all of them are under 49. We 
clearly have to take some of this off the books.
    So, we can be accused of nefarious intent. The fact of the 
matter is we are looking out for the American taxpayer.
    Now, you are talking about very expensive real estate in 
Washington, DC, New York City, San Francisco. And to alleviate 
some of our friends' concerns on the other side of the aisle, 
there is something called strategic sequencing to prevent the 
flooding of the market, and I would trust somebody that has 
real estate experience.
    The Biden Administration, when we are talking about 1,500 
buildings, 7,500 leases, 5,011 million square feet of office 
space, what did they do? Did they take action? Fact of the 
matter is, they did not. And it is time and it is high time, 20 
years in the making, to take some action.
    The U.S. Center of Disease Control, as Madam Chair pointed 
out, spent $230 grand on solar picnic tables. That a good use 
of government funds, Mr. Kendall, you think?
    Mr. Kendall. I just wanted to respond to something you just 
said. When I did this portfolio restructuring strategy----
    Mr. Fallon. I am not asking you that.
    Mr. Kendall [continuing]. There was $197 million----
    Mr. Fallon. Madam Chair?
    Mr. Kendall. It is $183, so----
    Ms. Greene. The witness is not recognized.
    Mr. Fallon. Thank you. Reclaim my time.
    Mr. Kendall, you are a witness. You are here of your own 
volition. Could you answer my question? Do you think that $230 
grand for solar picnic tables at the Center of Disease Control 
is a good use of taxpayer money?
    Mr. Kendall. I have no opinion. I do not know----
    Mr. Fallon. OK. How about State Department, high-end 
furniture, $120 grand of leather furniture in Islamabad, 
Pakistan? You think that is a good use of taxpayer money?
    Mr. Kendall. I would like to examine----
    Mr. Fallon. So, no opinion, again. How about the Pension 
Benefit Guaranty Corporation--spent $14.4 million, about 
$14,400 per employee, on brand-new furniture? Is that a good 
use of taxpayer money?
    Mr. Kendall. Did it include IT? Does it include computers 
and so forth?
    Mr. Fallon. It is furniture. So, again, yes or no? No?
    Mr. Kendall. I do not have sufficient information to make 
an informed decision.
    Mr. Fallon. OK. Thank you.
    The Biden Administration essentially did nothing, and what 
we have had with new leadership, with DOGE is terminating 700 
Federal leases already, 10 percent. That is a chunk. That is a 
good start. Any building that has national security 
implications is going to be unaffected. And now they are moving 
on to sell, and we are going to do it, again, with strategic 
sequencing as well.
    I think it should be noted; the Democratic witness works 
for a trade association that represents real estate owners who 
lease space to the Federal Government. Is that a fair 
assessment, Mr. Kendall?
    Mr. Kendall. That is true.
    Mr. Fallon. OK. Thank you.
    Then we have got something in the research that we were 
doing. The McKinney-Vento Act of 1987, I was shocked to find, 
Madam Chair, that homeless assistance providers have right of 
first refusal on any sale of any Federal building. I think the 
American people should know that, and legislation should be 
drafted, and our office will be doing so, to repeal that, to 
give the Federal Government more flexibility to properly sell 
and unload these buildings to save the taxpayers--not the 
super-rich, evil people--the taxpayers of this country, some 
money.
    Madam Chair, I yield back.
    Ms. Greene. Thank you, Mr. Fallon.
    I now recognize Ms. Norton from the District of Columbia 
for 5 minutes.
    Ms. Norton. I strongly oppose OMB and OPM's recent 
directive to Federal agencies to, quote, ``propose relocations 
of agency, bureaus, and offices from Washington, DC, and the 
National Capital region to less costly parts of the country,'' 
end quote. I also strongly oppose the new bills that have been 
introduced this Congress to relocate the headquarters for 
Federal agencies in the National Capital region to outside the 
National Capital region.
    These relocations, as we saw during the first Trump 
Administration, would harm the operations of these agencies and 
waste taxpayer dollars. They would also harm the economy of the 
National Capital region and upend the lives of Federal workers, 
many with kids who love their homes and schools.
    Last month, I introduced a bill to prohibit such 
relocations. However, there are specific Federal buildings in 
D.C. that GSA should dispose of in an orderly manner and move 
the employees from those buildings into other buildings in D.C. 
These disposals would save the Federal Government money and 
could generate tax revenue for D.C., increase housing supply, 
and create new mixed-use neighborhoods in the District of 
Columbia.
    There is a precedent for orderly disposals of Federal 
property in D.C. Congress has passed many of my bipartisan 
bills to transfer unused or underutilized Federal buildings and 
land in D.C. to the D.C. government or the private sector, 
including the Webster School, the development of the Wharf, and 
The Yards, and most recently the RFK Stadium campus.
    Mr. Kendall, I believe that there needs to be an orderly 
process for disposing of Federal buildings in D.C. as opposed 
to putting many Federal buildings up for sale at the same time. 
How would putting many Federal buildings in D.C. up for sale at 
the same time affect the price the Federal Government could get 
for the buildings and the value of commercial real estate in 
D.C., generally?
    Mr. Kendall. Congresswoman Norton, selling into a down 
market is not a sagacious plan. As Ranking Member Stansbury 
said, that is a kind of fire sale approach. Vacancy in the 
office market in Washington, DC.--and I have been here for 47 
years--it is the highest rate of vacancy in four and a half 
decades. You do not sell into a down market. You are going to--
it is folly. You are going to get the lowest price possible, if 
you can move the assets at all.
    I mean, there is, of course, McKinney-Vento, as the 
Congressman just made--it could go, some could go the homeless 
way and others might be public benefit discount conveyances and 
you get nothing. But the point is, it is not--you are loading 
up a market with--that is already under distress, so it is 
cataclysmic.
    Ms. Norton. Well, a few months ago, Congress passed the 
bipartisan Water Resources Development Act, which established a 
clear Federal standard requiring GSA to identify buildings for 
potential consolidation or disposal, specifically any with an 
occupancy rate below 60 percent. However, I am concerned that 
GSA is trying to dispose of Federal buildings without looking 
at data to judge whether the buildings are needed or not.
    Mr. Marroni, based on the timeline established in the 
recent law, when do you expect the GSA would have the 
information needed to make more informed decisions about 
private property disposal?
    Mr. Marroni. Agencies are supposed to start collecting that 
data in July and then they are supposed to report in January.
    Ms. Norton. Thank you very much. I yield back.
    Ms. Greene. The gentlelady yields.
    And I now recognize Mr. Cloud from Texas for 5 minutes.
    Mr. Cloud. Thank you all for being here. Appreciate you, 
Chairwoman, for holding this hearing on this topic. It is 
certainly one that we have talked about before, but one that we 
have seen very little action on.
    You know, one of the reasons and discussion points 
surrounding those who were proponents of teleworking were that 
we would save all this money on not needing these Federal 
buildings, and yet what we have seen was--you know, in the 
business world, what you would do is you would lose a little 
productivity with people maybe working remotely, but you would 
gain that from, you know, less cost and overhead of maintaining 
buildings and facilities. But, of course, in the nature of the 
Federal Government, we sent people home and got less 
productivity and we continued to grow our assets and property 
portfolios and now are maintaining empty buildings to the tunes 
of millions and millions and millions, and billions of dollars 
even.
    Biden had, as Mr. Fallon mentioned, committed to getting 
the work force back to work in person in offices, and of 
course, we know that did not happen. This has really been a 
bipartisan issue. Even Obama in 2011, in the campaign to cut 
waste, laid out what you could almost describe as the goals of 
DOGE, but we saw very little progress over that. And so, our 
friends in the left right now are kind of complaining about how 
this is being done, but one would have to ask them--they had 
all three branches, the House, the Senate, and the White House 
just 3 months ago--why didn't they do anything about it then?
    And so now, we continue to--I am sorry, you are right, a 
couple years ago. But nonetheless, you had it a couple years 
ago and did not do anything with it. And so now, we find 
ourselves to the point where President Trump and the Trump 
Administration is finally doing something about this, and this 
is good for the American people. We must find savings for it. 
As Mr. Fallon mentioned, the vast majority, I think 17 of 24 
agencies, were almost vacant, it seems, using 25 percent less, 
and then we have a backlog of $370 billion in maintenance costs 
backlogs, and so we have to do something about this.
    And I think it is worthy to note you keep mentioning 
selling properties in a down market. Who would benefit from 
that? Well, that would be the American people who are buying 
it. These businesses who could buy it up and turn it into a 
profitable asset, create a property that would bring tax flow 
to Washington, DC, for example, income as opposed to a vacant 
building sitting there being a burden on the American people. 
So, there is a lot of reasons to continue to move forward on 
this. Of course, we want to make sure this is done the right 
way.
    Mr. Marroni, could you speak to kind of the decisionmaking 
process that you look to bring? First of all, thank you for 
being willing to take up this fight that so many 
administrations have been willing to talk about and bring 
little action to. But could you talk about, kind of, your 
decisionmaking process and apparatus as we continue to look 
forward and how you evaluate what properties are valid and 
which ones are not for sale or off-leasing.
    Mr. Marroni. Right. So, for owned properties, GSA and the 
Administration in general should take a look at--first, 
sequencing makes sense. Take a look at the properties. There 
are already a number of properties that have been previously 
identified as properties that should be gotten rid of. 
Oftentimes, these are buildings that are underused, have been 
for a long time, and have large deferred maintenance and 
liabilities. So, it makes sense, start with those. Get those 
out the door as quickly as you can and get those savings.
    And then, as the new data that we are going to have on 
utilization, which is going to start rolling in in July comes 
in, you can use that to further assess where are there 
additional properties that are underused. We will have that 
data for the first time for many buildings and assess what 
makes next sense in the next tranche to sell off and 
consolidate.
    This all is going to take money. It does take money to move 
out of spaces, to build out consolidations, to reconfigure 
spaces, but at the end of the day, you save--not only do you 
potentially get proceeds from the sales, but you also save the 
operation of maintenance costs, which have a very long tail, 
and save a lot of money over time by getting rid of buildings 
that are just too costly to maintain now.
    Mr. Cloud. More than half of GSA's leases, I think it is 
4,108 out of 7,685, are set to expire between, well, 2023 and 
2027. How much of the Federal Government can save by allowing 
these leases to expire that are not needed, using properties 
that we already own?
    Mr. Marroni. Right. Well, from a pure financial basis, we 
spend about $6 billion on leases each year. So, if you are 
reducing--whatever the math is, I cannot do the public math, 
but it is a substantial amount you can get from lease savings. 
You just want to make sure you know what your end state is 
going to be, how much space are you aiming for at the end to 
make sure you are sequencing things in a way that makes sense.
    Mr. Cloud. I only have 8 seconds left, so I will yield back 
to the Chairwoman. Thank you.
    Ms. Greene. The gentleman yields.
    And I now recognize Mr. Lynch from Massachusetts for 5 
minutes.
    Mr. Lynch. Thank you, Madam Chair.
    At the outset, I would just suggest that if this Committee 
were truly concerned with delivering on government efficiency, 
we might examine the devastating impact of President Trump's 
recent trade tariffs on the financial security of the American 
people.
    In just the 2 days of the President's tariff 
implementation, U.S. stocks have lost more than $6.6 trillion 
in value. The market turmoil has already placed the retirement 
savings of millions of Americans at risk with more than $44 
trillion of U.S. retirement assets tied to the stock market, 
the 401(k) plans, and other retirement accounts.
    I know that President Trump has recently stated, ``I have 
not checked my 401(k),'' close quote. Well, Americans, 
retirees, and workers that are approaching retirement have 
certainly been checking theirs, and I can tell you they are 
alarmed. They are alarmed by the extent to which the 
President's trade war is pummeling their retirement 
investments. So, for the average American who is approaching 
retirement, who has about $500,000 in a 401(k), that American 
worker lost $35,000 in their 401(k) in the last 2 days of 
Trump's tariffs.
    So, you know, I have heard from one of our witnesses, if 
ever dollar saved is a dream realized, then this is really a 
nightmare for the American worker, especially for those who are 
approaching retirement. And while the President made great 
promises in reducing the cost of groceries, food, housing, 
during his campaign, I really would like him to get around to 
that if he could at some point.
    So, Mr. Kendall, the suggestion here is that we are 
supposed to move away from a situation where the government 
owns the buildings. Instead, we are going to move to the 
private equity model where we sell the building that is home to 
a Federal agency, and then we are going to pay rent to a 
private equity firm to rent that same space out.
    In Massachusetts, we just had a situation like this with 
one of our hospitals. Actually, eight of our hospitals. So, 
those hospitals were receiving a lot of money from Medicare and 
Medicaid, OK? They sold the building to a private equity firm. 
The private equity firm drove up the prices. The CEO of the 
private equity firm bought two yachts. He has got one of them 
off the coast of Ecuador. But at the end of the day, the 
Federal taxpayer money, the money that was going to that 
hospital through Medicare and Medicaid was now going in the 
pocket of a private individual who could spend it on whatever 
they want. They introduced the profit motive into the ownership 
of those buildings.
    So, how does that work for these government buildings that 
are now are going to go to Elon Musk's pals who are in private 
equity and they are going to have to get profit in addition to 
just covering their bills?
    Mr. Kendall. Well, Congressman, while my trade association 
always feels that there will be adequate leasing, the truth is 
leasing does cost more than federally owned space. And I make 
it very clear, the cost to the Federal Government to borrow 
long term is about two percent--two to three percent. There is 
a 500 basis point premium to have space that is leased. That is 
what the market charges. So, to bring it home to everybody, 
would you rather have a two percent mortgage on your house or a 
seven percent mortgage? Obviously, two percent is a lot 
cheaper.
    So, it behooves the government, when it can afford to own 
space, to own it, and you only lease in the alternative. It is 
a stark world. You have to lease because you do not have the 
sufficient capital to own enough buildings, but it is a mistake 
if you have a choice to lease and to sell off buildings and now 
pay for them--to pay private sector lessors, it is going to be 
more expensive.
    Mr. Lynch. And if you have a unique facility that is 
designed to provide veterans benefits or some other public 
service, it makes it tougher for the government to move, right?
    Mr. Kendall. That is correct.
    Mr. Lynch. OK.
    I yield back, Madam Chair.
    If I could, I would ask unanimous consent, a press release 
from GSA, dated December 4----
    Ms. Greene. Without objection, so ordered.
    Mr. Lynch [continuing]. Two-thousand-twenty-four. Thank 
you.
    Mr. Lynch. And a press release from the Biden-Harris White 
House titled ``President Biden Announces New Actions to Ease 
the Burden of Housing Costs.''
    Ms. Greene. Without objection, so ordered.
    Mr. Lynch. Thank you.
    Ms. Greene. I now recognize Mr. Timmons from South Carolina 
for 5 minutes.
    Mr. Timmons. Thank you, Madam Chair.
    We are here because this country faces an existential 
threat--$36 trillion in debt, a $1.8 trillion annual deficit--
and we are trying to find commonsense solutions to address 
unused space and how we can be more efficient with taxpayer 
dollars in that regard.
    And this is really a whole-of-government approach. We have 
to right-size our fiscal ship in order to have a country, long 
term. So, I guess this is just one small part of that endeavor. 
And it really is just common sense.
    And I am going to tell you a story about my time in office. 
I got elected 7 years ago, and my predecessor had two offices. 
They were spread out in my district. I have a fairly small 
district. And they were in some of the highest-costing office 
space in my district. And we only had three employees, and we 
had two offices. And they were, you know, one was in 
Greenville, one was in Spartanburg. And I just said, ``Well, 
that really does not make sense.''
    So, I went to a wonderful, you know, municipality that is 
up and coming, and I got this fantastic office space. It is 
actually more square feet than I had between the two, but it is 
drastically nicer, and it costs less than half as much. So, 
just in my one little congressional office, we are probably 
saving $60,000 to $70,000 a year.
    So, that is just pretty straightforward. And we are going 
to basically do the same thing across the country. We are going 
to figure out what we need and what we do not need, and then we 
are going to dispose of what we do not need by either selling 
it or by not renewing the lease.
    So, Mr. Marroni, the Department of Government Efficiency 
has already terminated close to 700 Federal leases. What 
financial impact has that created for taxpayers?
    Mr. Marroni. That, once the leases are drawn out--there is 
about a 90-120 days, but there will be this lease savings. You 
will not be paying that lease rent anymore.
    Mr. Timmons. And, I mean, 700 leases, that is likely 
hundreds of millions of dollars. I mean----
    Mr. Marroni. It depends on the----
    Mr. Timmons. Depends on the property.
    Mr. Marroni [continuing]. Timing of the leases. Right.
    Mr. Timmons. And I know we are complaining about property 
in D.C. that we own. So, this building is likely to be sold in 
the next couple of years. Do you want to guess at what, I mean, 
this is probably, what, 3 acres? How much is 3 acres worth, 4 
blocks from the Capitol?
    Mr. Marroni. I would imagine quite a lot.
    Mr. Timmons. Yes, it is at least tens of millions of 
dollars.
    And you know what we really need in this area? We need 
housing. And so, I guarantee you that a developer--a big, bad 
developer is going to come in, and you know what is funny? The 
D.C. city code is going to require them to do 30 or 40 percent 
of it as affordable housing. So, that will make some of my 
colleagues across the aisle happy. But there will probably be, 
I do not know, 1,000, 2,000 units to address the housing crisis 
in this area.
    Because what--this is crazy. The highest and best use of 
this property is not what is currently being used. And we are 
going to transition it to that. And the best part is, when they 
build this massive building and put housing in it, they are 
going to pay taxes.
    So, we are going to take a building that is currently using 
taxpayer dollars to be maintained, but not very well, and we 
are going to then sell it, get tens of millions of dollars, and 
we are going to turn around and create a highest and best use 
for this property, which is then going to result in it paying 
taxes.
    So, I mean, that is the whole theory. And, while we can 
look all across the country for areas that we can save money, I 
mean, this is just common sense.
    I do have a question.
    So, Mr. Marroni, why is this so hard? Like, what is wrong, 
historically, that has created this problem where we use such a 
small percentage of property that we lease and that we own? And 
what are the structural impediments to really turning this 
problem upside-down and solving it?
    Mr. Marroni. Yes. I will point to a couple. There is 
multiple reasons.
    But the biggest challenge is, we are typically talking 
about underuse. So, it is not a lot of properties that are just 
purely vacant and empty and--there are some. But the bigger 
issue is agencies having space where only a portion is being 
used.
    And so, a couple of problems. One, agencies typically have 
not had the incentive to move off of properties that are 
underused but not completely vacant. It costs money for them to 
get the buildings ready for disposal.
    Another reason is reticence, inertia. You have been in this 
space for a long time; you are familiar with it. In recent 
years, there has been some uncertainty, right? How many people 
are going to be in the office versus not? Do we get rid of the 
space and have to get back new space?
    Mr. Timmons. I am running out of time.
    Mr. Marroni. OK.
    Mr. Timmons. I want to close with this.
    President Biden, in his State of the Union address, talked 
about how he was bringing people back to work. He did not do 
that because he actually wanted to. He did that because the 
city of D.C. was crumbling without the Federal workers coming 
and supporting the businesses that they previously supported.
    So, I know that my colleagues across the aisle do not like 
this effort, but when this building becomes 2,000 apartments, 
those people are going to then spend money in Washington, so it 
will actually help the economy.
    With that, I yield back.
    Ms. Greene. The gentleman yields.
    I now recognize Ms. Crockett from Texas for 5 minutes.
    Ms. Crockett. Thank you so much, Madam Chair.
    And I can tell you, one thing that is crumbling for the 
city of D.C. was that continuing resolution that defunded 
approximately a billion dollars from them.
    But I will focus on today's hearing.
    The Republicans' recklessness and chaotic approach to 
reducing the size of government has shown us what we have 
already known: Concepts of a plan do not work.
    This is the Committee's fourth hearing, and, still, no one 
from the so-called Department of Government Efficiency has 
testified before this Committee about their plans to break the 
Federal Government. Because, as it turns out, breaking the 
Federal Government does not just hurt people you do not like. 
It is not just going to be Democrats who miss out on Medicaid, 
Medicare, and Social Security or only Democratic veterans who 
will miss out on their VA benefits. Their approach will 
negatively impact all Americans.
    So, it is unfortunate that Republicans have taken a 
seemingly bipartisan issue and included it as part of their 
scam to subsidize tax giveaways for billionaires. They have not 
proposed anything that will improve the efficiency of the 
government. Instead, they have put the country on a path to a 
recession and implemented the largest tax increase on Americans 
in decades, through Trump's tariffs.
    This hearing is their latest attempt to try to convince the 
American people that dismantling public-facing agencies will 
somehow improve government efficiency. Let me tell you, it will 
not. There is nothing efficient about terminating leases for 
IRS taxpayer assistance centers during tax season, nor 
dismantling farmer support offices in rural communities while 
farmers are trying to survive Trump's tariffs.
    And, just like their trade policy, there is not any logic 
or strategy behind the Trump Administration's reductions in 
force or accelerated disposal of federally owned property. It 
has been discussed that managing Federal property has been on 
GAO's high-risk list for more than two decades. Currently, GAO 
has almost 60 recommendations that the Administration could 
fully implement but decided to ignore.
    And I am going to veer off for 2 seconds, because all I 
kept hearing was ``fire.'' ``Fire, fire, fire'' is what I 
heard. And as I heard ``fire,'' it seems like we are talking 
about an Administration that has been hell-bent on firing 
government workers; they are hell-bent on engaging in fire 
sales of our government buildings; and, while we are at it, 
they are lighting the Social Security on fire, Medicaid on 
fire, Medicare on fire, 401(k)'s on fire, Department of 
Education on fire.
    And, instead, what we need to light on fire are Trump's 
tariffs. In fact, we could probably go a little bit further and 
fire this incompetent Administration.
    But, if we are going to talk about efficiency and worry 
about some solar-paneled whatevers, let us talk about the fact 
that, as of March 30, Trump's golfing has cost us approximately 
$26 million. And the last time I checked, we are not getting 
anything in return for that.
    So, I will get back on my remarks, but I just wanted to 
point out that maybe we need to talk about the President and 
his golfing habits. In fact, he decided that he was going to 
golf as the markets were tanking. He decided he was going to 
golf instead of receiving four heroes who died serving this 
country. He has decided that he wanted to play games while the 
rest of us are really trying to make sure that we can serve the 
American people.
    So, Mr. Marroni, you were quoted in the New York Times 
article dated March 17, stating that it is important for 
officials to have a plan to generate the most savings and that, 
quote, ``all of these moving parts point to the need for some 
deliberate planning.''
    Did the Administration consult with GAO regarding their 
plans to dispose of hundreds of federally owned buildings?
    Mr. Marroni. No.
    Ms. Crockett. In your testimony, you highlight that one of 
the core issues associated with managing Federal property is 
the lack of reliable data to support decisionmaking. Is that 
correct?
    Mr. Marroni. Yes.
    Ms. Crockett. Would reducing GSA's work force by 50 percent 
improve data gathering and analysis?
    Mr. Marroni. I cannot say. They are not----
    Ms. Crockett. That is perfectly fine. We know that we need 
experts and not idiots.
    But, Mr. Kendall, we will move on. In your written 
testimony, you State: Some of the actions of this 
Administration suggest that the Administration ``is not 
following a strategy designed to save taxpayer money'' and that 
the Administration seems to ignore agencies' mission integrity.
    Why do you think that?
    Mr. Kendall. In the list of----
    Ms. Crockett. You have got 20 seconds.
    Mr. Kendall. In the list of projects, there were a couple 
score Social Security offices, IRS taxpayer service offices, 
which those agencies, those end-user agencies, wanted, and yet 
the Administration is canceling those leases. So, it does 
imperil mission accomplishment.
    Ms. Crockett. Thank you so much.
    I will yield back.
    Ms. Greene. The gentlelady yields.
    And I now recognize Mr. Burlison from Missouri for 5 
minutes.
    Mr. Burlison. Thank you, Madam Chair.
    I first want to acknowledge these amazing chairs that we 
are sitting in. I looked them up. These chairs retail for 
$2,900. This is the nicest chair that I have sat in. And, you 
know, I have worked at a lot of Fortune--I have worked at 
Fortune 500 companies, worked in the private sector. Never had 
a chair this nice--in a building that is empty.
    I am speaking to you from a microphone that I looked up 
right now. It is over $1,600 for this very nice microphone that 
apparently needs video.
    This is why we are here. We are in an empty building from 
an agency that decided this was not good enough, so they 
decided to spend $250 million more over a 15-year period for a 
more luxurious location than this.
    So--and, with that, I want to say thank you----
    Mr. Lynch. Would the gentleman yield?
    Mr. Burlison [continuing]. For this hearing.
    Mr. Lynch. Would the gentleman yield for a question?
    Mr. Burlison. When it comes to--I have very limited time. I 
do not----
    Mr. Lynch. OK.
    Mr. Burlison [continuing]. Want to yield.
    Mr. Lynch. OK. I understand. I am just asking. Thank you.
    Mr. Burlison. So, the solution is quite simple: Reduce the 
budgetary burden of the national real estate portfolio by 
disposing of Federal properties like the one that we are in 
today. It could be repositioned, it could find a better 
purpose, as was mentioned before.
    So, I want to ask Mr. Marroni, how many properties in the 
Federal portfolio--how many are there?
    Mr. Marroni. So, there is about 277,000 buildings, but that 
is everything.
    Mr. Burlison. And how many of those have approximate 
utilization of their full capacity or at 75 percent or above?
    Mr. Marroni. There is just not good data.
    Mr. Burlison. OK.
    Mr. Marroni. We do not have data.
    Mr. Burlison. How many are below 15 percent?
    Mr. Marroni. Same thing there. We only know for 
headquarters.
    Mr. Burlison. So, I want to show you, the American people, 
a chart that we found where there is a list of a number of 
buildings. And on this list, you have got, for example, the 
James Forrestal Building, which is--its estimated capacity is 
almost 5,000 people. There are eight people occupying that 
building today. We have the Wilbur Cohen Building, which, you 
know, could house almost 3,500 people, but there is 750.
    This entire list--it goes from the top to the bottom. At 
the very bottom, the GSA headquarters is 14-percent occupied.
    So, this is where we stand.
    You know, Milton Friedman had a great quote that I wanted 
to mention. There are four ways that you can spend money. You 
can spend your own money, which you do. You are really careful 
or watch what you are doing and try to get the most of your 
money. Then you can spend your money on somebody else, like if 
you buy a birthday gift for someone else. Then you are not 
careful about the gift, but you are careful about the money. 
Then you can also spend somebody else's money on yourself, and 
in that case you have a really nice lunch. And then there is 
the example where you spend somebody else's money on somebody 
else. And this is what happens when you are spending somebody 
else's money on somebody else.
    So, I have a question for Mr. Hart.
    You and your organization, Open the Books, say that you are 
committed to making every dime of government spending 
accessible to the public, which I commend you for what you are 
doing. Transparency is exactly what we need from our Federal 
Government.
    More than half of the current leases that GSA maintains are 
set to expire between now and 2027. How much money could the 
American people save by not renewing these leases?
    Mr. Hart. Well, I can speak to the cost of furniture, which 
is going to be about $1.1 billion on just furniture. And I 
would have to get you the figure on leases.
    But what it illustrates, again, is that, when you decide to 
have a massive expanse of Federal agencies, it is very, very 
expensive to decorate and redecorate these agencies and buy 
chairs like the one you are sitting in right now.
    Mr. Burlison. Apparently my $1,600 microphone----
    Mr. Hart. Right. Failed.
    Mr. Burlison [continuing]. Was not working.
    Mr. Burchett. You got the $800 one.
    Mr. Burlison. So, I want to put into perspective a report 
that we uncovered from the Public Buildings Reform Board's 
report to Congress. Instead of using, you know, the accounting 
that was given to them, they used available cell phone data. 
And, in 2023, the cell phone data indicated that approximately 
441 people occupied the Frances Perkins Building on an average 
day, costing the American taxpayer approximately $182,000 per 
employee each year in operating and maintenance expenses and 
rent paid.
    Mr. Marroni, is that a reasonable expense from the American 
taxpayers, $182,000 per employee?
    Mr. Marroni. You certainly do not want to spend more on 
real property than you need.
    Mr. Burlison. Thank you.
    Thank you, Madam Chair, and I yield back.
    Ms. Greene. The gentleman yields.
    And I now recognize Ms. Brown from Ohio for 5 minutes.
    Ms. Brown. Thank you, Chairwoman.
    I wanted to waive on to today's hearing because the General 
Services Administration is rushing to sell a piece of Federal 
infrastructure in my district, the Anthony J. Celebrezze 
Federal Building in downtown Cleveland.
    Let me be clear: This is not just the sale of a building. 
It is a reckless decision that could destabilize essential 
services for my constituents, displace some 4,000 Federal 
employees, and deal a blow to the local economy.
    The Celebrezze houses the IRS, the Veterans Benefits 
Administration, the Defense Finance and Accounting Service, 
DHS, and the Equal Employment Opportunity Commission. These are 
the people ensuring tax seasons run smoothly, our veterans get 
their benefits, and military payroll is processed accordingly.
    Selling this building, especially on an expedited 3-year 
timeline compared to the usual 10 years this takes, is 
shortsighted and misguided.
    And what it really represents is another example of Donald 
Trump and Elon Musk's chaotic and careless approach to cost-
cutting. In fact, ``cost-cutting'' is too generous. What they 
are really doing is looting the Federal Government and 
stripping it for parts.
    This sale could result in reduced public access to 
services, lower job security for thousands of workers, and a 
ripple effect throughout Cleveland's downtown economy. Local 
businesses, public transit, and city revenues all depend on the 
Federal footprint of this building.
    The Administration promises to relocate workers to other 
spaces in Cleveland. That is great. But how? How can their word 
be trusted?
    They are selling a building while forcing workers to return 
to the office. They claim they will look for new lease space as 
they simultaneously cancel leases nationwide. And they are 
firing Federal workers that provide my constituents and the 
American people with critical programs and services.
    So, what assurances do we have that they will actually 
maintain staffing levels and secure new space for the agencies 
affected? Or is this just another slash-and-burn strategy, a 
thinly veiled attack on the Federal work force under the guise 
of reform?
    This building is an anchor for downtown Cleveland. Removing 
this presence will not only leave a void in the heart of 
Cleveland, it will undermine the progress that we have made in 
revitalizing the city.
    There is a responsible way to reduce and consolidate the 
Federal Government's real estate portfolio, but this hasty 
decision is not it.
    So, Mr. Kendall, can you tell us, how does GSA balance the 
social and community impacts, like job loss, transit 
disruption, and economic disinvestment, with the needs of the 
agency?
    Mr. Kendall. That is a difficult question.
    GSA defers to end-user agencies in terms of what their 
space needs are. They really are a reactive organization in 
terms of finding space. Typically, the rule is to use owned 
space and, if that is not available, to lease space.
    The Celebrezze Building, I do not know the particulars of 
it. If there is not an exigency about selling it because it 
constitutes a life-safety threat to the occupants, it does not 
have to be moved.
    I mean, part of the argument here today is that Federal 
workers are being put in opulent space, leased space, and 
incurring great costs, but they could be retained in maybe 
Class B or B-minus federally owned buildings and avoid lease 
costs. GSA is all about avoiding lease costs.
    So, I do not know specifically about the mission needs of 
the agencies that are housed in that building, but my sense 
would be GSA is deferential to those concerns.
    Ms. Brown. So, given your experience at the GSA, how would 
you characterize the Administration's rushed approach? Would 
their rushed approach to decisionmaking and shortening disposal 
timeline lead to more efficiencies or less?
    Mr. Kendall. I think that there is a lot of haste going on 
today, and I think it is ill-thought-through. I think that a 
much more deliberate approach should be taken to deciding what 
buildings to retain and what to get rid of.
    I also think that the staffing levels are endangering 
GSA's--the reduction in staffing--I understand 63 percent of 
the PBS employees are to be terminated. That is three out of 
every five. I do not know how it was determined, how they 
reached that number, and in consideration of what mission needs 
are and what types and numbers of employees you need to 
execute. So, I am concerned.
    Ms. Brown. So, the last thing I want to get, before I run 
out of time, this question in--is, the list reported that 
building utilization is a contributing factor to the need for 
management of Federal property. How is the President's return 
to work impacting GAO's analysis of Federal real estate?
    Ms. Greene. The gentlelady is out of time.
    Ms. Brown. Sorry. Thank you.
    Ms. Greene. I now recognize Mr. Jack from Georgia.
    Mr. Jack. Thank you, Madam Chairwoman. And thank you for 
convening this hearing in an underutilized Federal office 
building.
    To establish context for those watching at home, our 
Federal Government owns roughly 511 million square feet of 
office space, and that does not include large swaths of 
military bases.
    So, again, to establish context, if you, like me, watched 
the National Championship last night and saw how massive the 
Alamodome looked, the 511 million square feet of Federal office 
space represents 3,200 Alamodomes.
    If you watched at home--if you are watching this hearing at 
home, the average square footage of an American home is about 
2,000 square feet, which represents 255,000 average American 
homes.
    So, that is the scale with which we are dealing when we 
discuss Federal office space.
    And if I could start with Mr. Marroni, I would like us to 
look into the 2020 GAO report that just describes how 
inaccurate the data base is that monitors all this Federal 
Government.
    Are you familiar with that report? And could you share a 
little bit about its findings?
    Mr. Marroni. Right. We found that the Federal Real Property 
Profile, which is the data base for Federal real inventory, had 
significant--they have liability problems, including something 
as simple as address information.
    Mr. Jack. And if I am not mistaken, that report 
demonstrated that, of the 511 million square feet of Federal 
office property, 67 percent of the addresses and accounting for 
it is inaccurate. Is that true?
    Mr. Marroni. That was the case in 2020. There has been some 
improvement.
    Mr. Jack. One of the things that we have, you know, 
highlighted throughout this hearing thus far is just how 
underutilized this office space is. And could you walk us 
through GAO's survey--I think there were 24 agencies surveyed--
just how much underutilization is there today?
    Mr. Marroni. Right. Well, in 2023, when we did that, there 
was significant underutilization in headquarters buildings. 
None of the agencies were using more than half of their office 
space in the D.C. area for headquarters, and about 17 of the 24 
were using less than a quarter. So, it was a significant issue.
    That was 2 years ago. We do not know what the picture looks 
like today, because there is not good data. That should be 
coming this summer.
    Mr. Jack. And I am just curious; within those 17 to 24 
agencies that use 25 percent or less of Federal office space, 
you know, which agency was the most egregious, if you will, at 
underutilizing office space?
    Mr. Marroni. So, the worst agencies were HUD and SSA for 
their headquarters buildings. But I will say, no one had a 
great track record in terms of the utilization.
    Mr. Jack. Thank you.
    And, in your assessment, how much taxpayer money could have 
been saved if the Federal Government had begun right-sizing its 
property portfolio shortly after the pandemic shift to telework 
became apparent?
    Mr. Marroni. So, certainly, it could get substantial 
savings. It is about $8 billion a year on owned and leased 
office space, so any reduction is going to generate a lot of 
money.
    Mr. Jack. Thank you.
    If I could ask some questions of Mr. Hart.
    First off, I appreciate your opening testimony. And just 
for the American public, I would love for you to walk through 
USAspending.gov, walk through the parameters of it, how can we 
use that.
    Mr. Hart. Yes. Thanks for the question.
    So, USAspending.gov was created through the Federal Funding 
Accountability and Transparency Act of 2006. That was a 
bipartisan bill that Coburn and Obama wrote. And what that bill 
did is, it for the first time took all of the disparate data 
bases among Federal agencies and put them together so that the 
American people could see how Congress is spending their money.
    And, again, this is a foundational, first principle of 
American society, is that taxpayers have the right to inspect 
the government's checkbook; the government does not have the 
right to inspect their checkbook. So, transparency in the 
Founders' vision is not a two-way street. It is that we have 
tools to help hold government accountable, because it is their 
money, it is taxpayers' money.
    Mr. Jack. Well, in that vein, in the last minute of 
questioning, I was alarmed, as I think some of our colleagues 
were, in your opening testimony, about some of the expenditures 
you walked through that were egregious examples of wasted 
taxpayer money.
    In your findings, over the course of your work, what was 
the most egregious expenditure that you saw? And at the same 
time, too, would love recommendations from you as to how best 
we can correct that.
    Mr. Hart. Yes. Well, it is a very target-rich environment. 
I think the totality is quite egregious, where you are looking 
at a billion dollars spent on furniture.
    We talked about the picnic table as one, where the CDC told 
the American people they cannot sit together, but yet they are 
spending $230,000 on a picnic table that violates their own 
standards. That rubs the American taxpayer the wrong way in 
every way imaginable.
    So, I think what you could do is really reorganize Federal 
agencies. You know, the perfect political moment to cut 
spending is always a mirage over the next election horizon, but 
this body has the opportunity to do an agency reorganization 
bill that will solve all of the problems we are talking about. 
Because it is a scope-of-government question.
    And to the question before, is that we spend about $80 
million a year on leases. And that is not as much as the owned 
property; that is a larger number.
    But there are incredible opportunities for savings that 
could be produced by having a smart, strategic agency 
reorganization.
    Mr. Jack. Thank you very much.
    I yield back.
    Ms. Greene. The gentleman yields.
    I now recognize Mr. Garcia from California for 5 minutes.
    Mr. Garcia. Thank you, Chairwoman.
    And thank you to our witnesses.
    I think we are, again, here at another hearing where House 
Republicans are trying to help Elon Musk get cover for looting 
our Federal Government. DOGE and, so far, this Committee has 
not been about efficiency or better services; it has been an 
attack on programs that we rely on, from public health to 
Medicaid to the Department of Education and, of course, now to 
office space.
    And we all know that Elon Musk and Donald Trump are 
attacking all the safeguards designed to make sure they just 
cannot sell our government assets to their own companies, but 
they can also sell them to their friends.
    Our Committee is ignoring the biggest threat from the Trump 
Administration so far, and that is their horrific economic 
plan, MAGA-nomics.
    Now, Mr. Kendall, we have been hearing testimony 
complaining that the Federal Government spent $4.6 billion on 
furniture since 2021. Do you know how much U.S. businesses will 
pay every year in tariffs under Donald Trump's plan? Any idea?
    Mr. Kendall. No, sir, I do not.
    Mr. Garcia. OK. Well, U.S. businesses will be paying $654 
billion a year, and that number will rise. And that is just in 
1 year. That number, of course, is enormously much larger than 
anything that we ever spent in furniture. We are looking at the 
biggest tax increase in over 50 years.
    Now, Mr. Kendall, the total value of all property held by 
the Federal Government is about $330 billion, as stated. Is 
that correct?
    Mr. Kendall. I have no basis to challenge that number.
    Mr. Garcia. OK. Great. So, do you know how much wealth has 
been wiped out from the stock market in just 2 days after 
Donald Trump's tariff announcement? Any idea, Mr. Kendall?
    Mr. Kendall. It is in the trillions, but I do not know 
the----
    Mr. Garcia. Around $6.6 trillion.
    So, I want to make sure what people should be understanding 
here. Last week, we had the largest 2-day stock market fall in 
history. We are talking about furniture and office space while 
people are losing their retirement accounts, while the stock 
market is crashing, while Medicaid is under attack, while 
healthcare costs are going up.
    We know that retirement accounts are being wiped out right 
now as we are holding this hearing. Companies, many of them, 
are no longer able to invest. People are losing their jobs. And 
we are here talking about furniture while Donald Trump is 
destroying the economy.
    We also know that predicting a recession, which many are 
now doing, is looking more and more likely, which we hope, of 
course, does not actually happen.
    And while all this was happening and Donald Trump was 
imposing his tariffs plan and the prices of almost everything--
groceries, housing, clothing, computers--can be expected to go 
up, Donald Trump, of course, the next day, left to go play 
golf.
    Now, Mr. Kendall, were you aware that, as markets were 
crashing, Donald Trump the next day went out to play a few 
rounds of golf?
    Mr. Kendall. I do read the papers, so I did know that.
    Mr. Garcia. And, perhaps, maybe instead he should have been 
working with world leaders, our allies, to actually work on the 
tariff crisis. But, instead, of course, he was of course on the 
front page of The Wall Street Journal, which is a very 
conservative paper, as we know.
    I think it is clear that Donald Trump could not care less 
about the harm he's doing, doesn't care about American workers 
or the community. And, unfortunately, Republicans in Congress 
want to debate office space and furniture while the President 
torches our own American economy and the global economy.
    We have businesses right now, back in my district and 
across the country, that are getting hammered and suffering and 
firing employees. But, instead, we are continuing to have these 
really unfortunate, I think, hearings. It is crazy. It is 
cowardly. We should stop the tariffs now.
    And, with that, I yield back.
    Ms. Greene. The gentleman yields.
    I now recognize Mr. Burchett from Tennessee.
    Mr. Burchett. Thank you, Chairlady. Thank you for your 
indulgence in allowing me to be on this Committee. I come in 
here usually ticked off, and I leave in worse condition, so 
thank you for that.
    Ms. Greene. You are welcome.
    Mr. Burchett. If I ever have a counselor, I am going to 
send you the bill.
    Mr. Hart, do any Members of Congress, their spouses, or 
their immediate family have any property ownership rights to 
this property or any Federal land?
    Mr. Hart. Congressman, I do not know the answer to that 
question off the top of my head.
    Mr. Burchett. OK.
    Do spouses of Members of Congress own real property and 
lease it to the Federal Government? And how would we find that 
out? Because I think I know what you are going to say.
    Mr. Hart. I believe the answer to that question is yes.
    Mr. Burchett. You do?
    Mr. Hart. I do believe that.
    Mr. Burchett. Is there any way we could verify that 
information?
    Mr. Hart. Well, you go to USAspending and search--``Open 
the Books,'' our website, and you can look up Members' names, 
you can look up any person's name, and find that information.
    Mr. Burchett. All right. I suspect that is being done as I 
speak.
    Mr. Marroni, how much underutilized space does the Federal 
Government have?
    Mr. Marroni. Cannot say. There is not good data. We just do 
not have data. That is going to come this summer. Congress has 
now required it. But prior to this, once you get outside of 
headquarters, there was not measurement of how much----
    Mr. Burchett. OK. I hate these studies. Every day we vote 
on a new study and I suspect there is some warehouse, like in 
``Raiders of the Lost Ark,'' at the end, where they were 
putting--and our top people are looking at it, and there is 
these studies that are just on these shelves in these vast, 
vast warehouses.
    Would you agree with that assumption?
    Mr. Marroni. There are a lot of studies.
    Mr. Burchett. Yes. All right. Remember, you are--whatever. 
All right.
    How much would the Federal Government save by allowing 
unneeded leases to expire?
    Mr. Marroni. The Federal Government spends about $6 billion 
on leased office space, so depending on how many you let 
expire, you would get substantial savings.
    Mr. Burchett. As I sit up here, people chastise the thought 
of making a profit. To me, that is not an evil thing. That 
allows for more people to be employed. It seems that we have 
forgotten exactly who we work for, and it is the people back 
home who are struggling.
    When I was Mayor of Knox County, one of the first things I 
did was, I said, get me a list of all the property we own in 
Knox County. And it was amazing to me. I mean, we had property 
in neighborhoods, we had property--some of it was, obviously, 
undevelopable. One was on the corner of a small airport. But it 
was all over. We had something listed as a park, and it was 
nothing further from a park. And we ended up selling a lot of 
this property, and we paid cash for schools, crazy things like 
that. We did not stay in debt.
    And, to me, that just seems like the model that the Federal 
Government should adopt. We should have a listing of the 
property, and the people ought to be able to review that and 
make better assumptions. Because I assume--I think they are a 
lot more smarter than we give them credit for. And I suspect 
that is part of the problem; they do not want to let them look 
under--look behind the curtain, so to speak.
    Would you agree with that?
    Mr. Marroni. It is important to have that kind of data. 
There is an inventory that's available online, but there are 
significant issues with its reliability.
    Mr. Burchett. Mr. Hart, would you care to address that?
    Mr. Hart. We would like to enhance the transparency of all 
of that data. I think it is one of the most important assets 
that taxpayers should be able to review the cost so that they 
can make good decisions.
    And, again, the purpose of transparency is to empower 
taxpayers. Transparency is not a two-way street. The government 
does not have the right to inspect our checkbook. Taxpayers do 
have the right to inspect the government's checkbook, because 
it is their money.
    Mr. Burchett. Mr. Kendall, would you care to offer your----
    Mr. Kendall. I am all in favor of transparency. No 
objection.
    Mr. Burchett. It seems that our friends in the media always 
strive for that, and then--and we get pretty gutless up here. 
So, I would hope in the future we would address that.
    Well, I will yield my 49 seconds back to you, Chairlady. 
Thank you for your indulgence, ma'am.
    Ms. Greene. Thank you, Mr. Burchett.
    In closing, I want to thank our witnesses once again for 
their testimony today.
    I now yield to Ranking Member Stansbury for closing 
remarks.
    Ms. Stansbury. All right. Well, thank you very much, Madam 
Chairwoman.
    I hope that in some ways this hearing has been elucidating, 
but I am going to be honest, just listening here today, I have 
had trouble understanding the theory of the case.
    Now, anyone who is in business knows that if you are going 
to go in front of a boardroom and present your case, you have 
got to have compelling data, you have got to have an analysis 
of what you're trying to accomplish, you have got to have an 
analysis of the money that you are going to save, and a 
proposal and a plan for how you are going to execute that.
    And I think the thing that is troubling about the entire 
DOGE exercise is that it does not seem to have a coherent 
theory, it does not appear to have a plan, it does not appear 
to be utilizing data, and it does not appear to be executing on 
any kind of coherent theory of how we are saving money for the 
Federal Government because, as we learned here today, it will 
actually cost the Federal Government more money if they sell 
these vital assets to private companies, who will then lease 
them back to Federal agencies for more money.
    So, it is troubling to try to understand. And I think it 
kind of goes along with the troubling theory of the case that 
Donald Trump seems to have about the economy overall. Because, 
as my colleague pointed out, we are sitting here talking about 
microphones and furniture in an office building while the 
economy is tanking and trillions of dollars in losses are 
happening, and we know that the potential for both a recession 
and costs are going to go up, which will cost the Federal 
Government more money. So, what is the theory of the case here?
    I have also heard conflicting theories just about this very 
building that we are sitting in. Is this building too fancy, or 
does this building need to be demolished to make way for 
housing? It is not even clear what the argument is for this 
building that we are sitting in having this field hearing in.
    Now, what I think is interesting about what we heard here 
today is that some of the quiet part was said out loud. In 
fact, what was stated by some of the other Members on this 
panel was that they would like to sell valuable real estate to 
private developers, potentially demolish Federal buildings like 
this, sell them potentially to private equity and developers, 
and then they can lease back and make money off of it.
    And that is exactly what this scheme is all about, because 
this is what we are seeing across the entire DOGE effort and 
across the Administration.
    And this is not really about public interest. This is, as 
we keep saying, the private equity model: privatize, buy low, 
sell high, make lots of money. This is what the DOGE bros are 
all about.
    But we know that there is real data coming in July, as was 
stated by the GAO, that will help us take a data-driven 
approach. This is data that was demanded by Congress. It is 
bipartisan. Let us come up with a plan if we are actually going 
to deal with this bipartisan issue.
    Now, I also want to point out some other ironies and 
inconsistencies that we heard here today.
    One of my colleagues quoted Milton Friedman, which I found 
actually quite funny, because Elon Musk himself has also been 
quoting Milton Friedman over the weekend, because he thought 
that international trade was good and tariffs were bad.
    Anybody? Anybody?
    Donald Trump is crashing the economy over tariffs.
    We also heard my colleagues across the aisle talk about 
right-sizing and righting the fiscal ship. Well, they are 
literally about to try to vote tomorrow on a budget proposal 
that will increase the deficit by $37 trillion over the next 30 
years. This would raise the debt ceiling by $4 trillion just 
this year and would cost the United States the largest amount 
of debt ever in the history of its 250 years.
    So, again, I do not understand the theory of the case. If 
what we are about here is trying to root out waste, fraud, and 
abuse, make the government more efficient, save the government 
money, then why on earth is Donald Trump trying to tank the 
economy? What are they trying to do with the sell-off and 
privatization of the Federal Government? What are they trying 
to do with downsizing and firing thousands of Federal 
employees?
    So, I will close out by saying this: To my friends across 
the aisle and to the Administration, hands off our Social 
Security, hands off our Medicaid, hands off our Medicare, hands 
off the VA, hands off our education, and hands off our vital 
programs and the services and the Federal assets that make them 
possible.
    With that, I yield back.
    Ms. Greene. I now recognize myself for closing remarks.
    Thank you for our witnesses coming today. We greatly 
appreciate it.
    And thank you to the American people for tuning in, into 
what is an extremely important issue.
    Your Social Security is not under attack. Medicare is not 
under attack. Veterans' benefits are not under attack. But our 
very existence is under attack. And this has happened by dirty, 
greedy, lazy politicians and bureaucrats who have plunged you 
and chained you in $36 trillion in debt. You are under attack. 
And you have been under attack by your own Federal Government.
    We are here today, proudly, to talk about how we can reduce 
this debt. And this is a bipartisan issue. Selling Federal 
property and returning the money back to the American people is 
the right way to protect you.
    And, as Republicans, we believe in this, and we proudly 
stand with President Trump, Elon Musk, and their DOGE efforts 
to reduce the size of the Federal Government, reduce the 
Federal debt.
    And we are so grateful. And, definitely, America voted for 
President Trump to stand up for Americans, the American worker, 
and American companies with tariffs that return the order back 
to America and defeat the globalists who have attacked American 
interests, stolen intellectual property from American 
companies, and have turned rural America into a graveyard of 
factories that have been shut down and American jobs that have 
been shipped overseas.
    So, I want to say directly: Thank you, President Trump, for 
standing up for us. And we will be so happy when you stick up 
for us and make it fair again through these tariffs.
    The Federal Government's management of its massive real 
estate portfolio has been problematic for decades. Everyone 
knows it. The United States is $36 trillion in debt. In Fiscal 
Year 1924, the government spent over $1.8 trillion more than it 
took in. And in Fiscal Year 1925, the interest on our debt is 
expected to exceed $1 trillion.
    Many Americans are suffering every day while the Federal 
Government continues to recklessly spend hard-earned taxpayer 
dollars to foot the bill of luxurious, high-end furniture for 
offices or, on the flip side, carelessly waste billions on 
unused buildings and leases.
    Young people cannot afford to buy a house. For today's 27-
year-olds, only 33 percent own their homes, versus 40 percent 
of baby boomers when they were 27. From 2019 to 2024, housing 
prices in my home state of Georgia increased by up to 67 
percent, as did areas all across the country. Everything went 
up. Life became unaffordable.
    Over the past 4 years under Democrats, overall inflation 
hit 20 percent. The cost of food increased nearly 34 percent, 
and the cost of energy increased nearly 33 percent, and credit 
card debt was up nearly 50 percent. As Americans racked up 
grocery bills, credit card debt, and could not afford to buy a 
home, the Federal bureaucrats recklessly spend their money 
without a care in the world.
    In the last year, 7 in 10 Americans completed at least one 
DIY project--do-it-yourself--and nearly 50 percent said it was 
because they could not afford professionals to do it. Americans 
were either renovating their own houses by themselves because 
they cannot afford to hire a company to do it or, in many 
cases, they will have to go without.
    What do Federal bureaucrats do when they need to renovate a 
conference room or redecorate an office? They spend $700,000 
and $6.5 million of your money to do it. American businesses 
cannot afford these types of upgrades, and the reality is that 
the Federal Government is $36 trillion in debt and cannot 
afford it either.
    As we continue investigating waste, fraud, and abuse, we 
can look no further, the unconscionable amount of spending that 
the Federal Government spends on empty buildings and brand-new 
high-end furniture and something as ridiculous as solar-powered 
picnic tables.
    Every year, taxpayers have to spend about $10 billion just 
to operate and maintain it all. In addition, the backlog of 
deferred maintenance that is now up to $370 billion.
    In 2023, GAO reported that 17 of the 24 largest Federal 
agencies used 25 percent or less of their headquarters 
buildings' capacity, and none of these agencies ever utilized 
more than 49 percent of the buildings' capacity in an average 
week.
    I just want to inform you that that all happened at the 
same time when homeless rates skyrocketed, and veterans were 
kicked out to make room for illegal aliens.
    When you own property in the real world, if you breach a 
term of your mortgage agreement, you mismanage your finances, 
or you miss payments, the lender will repossess your property 
and auction it off, while the Federal Government cannot miss 
payments because they will just print more money. They have 
grossly mismanaged their finances, and it is time for the 
American people to evict Federal bureaucrats, repossess the 
properties, and auction them off to the highest bidder.
    Thankfully, the American people now have the President on 
their side. While the previous Administration did little to 
address the problems laid out here today, we are finally seeing 
meaningful progress under President Trump. The early successes 
of selling off unused properties and canceling wasteful leases 
by the Department of Government Efficiency shows what can be 
accomplished with strong leadership.
    With Congress and the Trump Administration working 
together, I am confident we can finally resolve this decades-
old problem and deliver the results and the money back to the 
American taxpayers.
    With that, and without objection, all Members have 5 
legislative days within which to submit materials and 
additional written questions for the witnesses, which will be 
forwarded to the witnesses.
    If there is no further business, without objection, the 
Committee stands adjourned.
    [Whereupon, at 11:47 a.m., the Subcommittee was adjourned.]

                                 [all]