The current process to excess property is extremely time consuming and burdensome on property officers. For property under $10,000 federal offices do not receive any return on investment by disposing of property through GSAXcess. The items that are no longer useful or phased out tend to be pushed to the out of site out of mind corner. Agencies could receive a monetary return on their time and energy to excess property... more »
The reward being that their annual taxes would be lowered by the amount (currently ~12% and growing) it takes just to pay interest. Obviously, if you pay ahead, you are no longer responsible for that debt interest. As an investment, it makes complete sense for anyone who can begin to do this. We don't have enough M1 or even M3 money lying around to tackle the whole debt problem, but working our way out through what I... more »
There used to be an annual Savings Bond drive at government agencies, but I haven't seen a campaign in over twenty years. We have annual campaign drives for the CFC, so why not for Savings Bonds? Reinstitute this annual campaign to bring awareness of the benefits of savings bonds to a new generation.