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MRAA Asks Congress to Support Privatization to Reduce the Budget and Increase Competition

Wednesday, December 11, 2013   (0 Comments)
Posted by: Michael Geatz
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MRAA joined with an impressive list of 43 other organizations in a letter to the House Budget Committee, as it went to conference on a Budget Resolution, to consider a strategy to reduce spending by promoting privatization of certain government services. Privatization includes vouchers, asset sales, contracting out, divestiture, franchising, concessions, and public-private partnerships as outlined in a publication of the General Accounting Office, Terms Related to Privatization Activities and Processes published in July, 1997.

Implementation of such privatization policies and processes have helped many other national governments around the world, as well as state governors balance budgets and hold the line on taxes while creating private sector jobs, increase government efficiencies and lower the costs of services.