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Failures in managing federal property costing taxpayers billions

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Inefficiency, inaccuracy and underuse in managing federal property costs taxpayers at least $1.6 billion each year. That is the troubling conclusion of a report the House Subcommittee on Government Operations addressed today in its first-ever hearing. Though real property management may seem “boring,” underused and inefficiently managed property is important because of how much money it wastes,...

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