This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

authorize sale of gifts which it has received from foreign sources to pay down the national debt.

Created by D.D. on August 25, 2013

According to the Federal Register, the US government received approximately $917,000 in gifts from foreign sources in 2009. The disposition for most of these gifts is listed as the national archive. In order to reduce the debt, these gifts could be sold to private citizens. There would be additional benefit from the reduction in the cost of storing these gifts.

Budget & Taxes
Return to top