Article:
New Federal Law Attacks Budget Deficit by Disposal of Unused Real Property
A provision of newly signed Federal legislation holds the Office of Management and Budget (OMB) accountable for recommending the sale of 100 separate pieces of surplus government real property (land and buildings).

On Friday, December 15, 2006 the President signed into law H.R. 3699 (the "Federal and District of Columbia Government Real Property Act of 2006"). While the Congressional Budget Office (CBO) estimates that "enacting H.R. 3699 would not significantly affect the federal budget," Section 408 of the law may in fact be a step toward substantially reducing the federal deficit.