As Congress and the President scramble around for budget cuts, caps and freezes, all are ignoring a wealth of federally owned assets that serve little or no purpose to our nation. If sold, the proceeds would measure in the hundreds of billions and would take a significant chunk out of the public debt. It would also result in lower interest payments, which today are the fourth largest item on the budget. $193 Billion from Gold The federal government currently holds about 9,000 tons of gold. These holdings have had no …
