Article content
(Bloomberg) — A new version of a plan to sell vast tracts of public lands to help pay for President Donald Trump’s massive package of tax cuts has been added back into the Senate’s latest version of the package.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
The plan, which would mandate the sale of as much 1.2 million acres of Interior Department land for housing or “community development” across 11 western states, represents a blow to conservationists staunchly opposed to the measures.
Article content
Article content
It could also complicate the path forward for the $4.2 trillion tax and spending package. The plan has been opposed by Western Republicans, who said earlier they have the votes to strike the measure from the bill.
Article content
Article content
“I don’t support selling public lands,” Senator Steve Daines, a Montana Republican, said in an interview earlier this week. “I think it’s shortsighted.”
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
Senator Mike Lee, a Utah Republican leading the land sales effort — which dovetails with a Trump administration plan to use federal land to address a housing crisis — has said the step is needed to address a nationwide shortage of millions of affordable homes.
Article content
“Unlocking federal land for housing will develop millions of single-family homes, resulting in greater housing supply and making housing more affordable,” the Senate Energy and Natural Resources Committee, which Lee leads, said in a fact sheet on the proposal.
Article content
Lee was forced to narrow the plan, which initially mandated the sale of as much as 3 million acres in federal land, after the Senate’s rule keeper said it didn’t comply with budgetary rules. The new version doesn’t include sales of US Forest Service Land and limits sales to be located within 5 miles of a “population center.”
Article content
The sponsors of the latest provision estimate it would raise $6 billion.
Article content
“The proposal would still amount to the largest sale of U.S. public lands in modern history,” the non-profit Wilderness Society said in a statement. “It is likely to threaten access to popular hiking trails, ski slopes and other outdoor recreation areas along with important wildlife habitat and cultural sites.”
Article content