White House Proposes Employing BRAC Process to Eliminate Federal Real Estate

The White House announced Wednesday a proposal to create a Civilian Property Realignment Board to expedite the disposal of an estimated 14,000 excess federal buildings, an initiative that could save $15 billion over three years. The board would be made up of public and private-sector experts, and its recommendations would be presented to Congress in a single package to be voted on in an up-or-down manner.