As the person who staffed the Asset Management Program for Secretary of Interior Jim Watt during the Reagan Administration, I can assure you the above is not unique. In his 2013 book Sagebrush Rebel: Reagan's Battle With Environmental Extremists And Why It Matters Today, William Perry Pendley writes:
The Asset Management Program was managed by the Property Review Board, a cabinet-level board that was established by presidential order, with the responsibility of developing policies on the "acquisition, utilization and disposition of federal real property," determining which lands to sell, and establishing annual targets for land sales.
I met with each "wing" of DOI, where each unit was to develop a list of surplus or underutilized property. After that experience I can assure you the federal government has no idea how much property it owns.
Soon I will share my experience in meeting with the Property Review Board with Secretary Watt.
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