Dave Wise, director of physical instructure issues, GAO

Government spends $21 billion a year on building maintenance operations. The Obama administration knows it doesn\'t need all of the property it owns, but real p...

Government spends $21 billion a year on building maintenance operations. The Obama administration knows it doesn’t need all of the property it owns, but real property management has been on the Government Accountability Office’s High Risk List since 2003. Dave Wise, director of physical infrastructure issues at GAO, testified this week before the Senate Homeland Security and Governmental Affairs Committee. He tells In Depth with Francis Rose that there are better ideas for real property management, but they haven’t been implemented yet.

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