President Trump puts public lands on the balance sheet
President Donald Trump signs an executive order to create a sovereign wealth fund, a state-owned investment fund often paid for by surplus revenue from natural resources development or trade. Given that the U.S. is some $36 trillion in debt, it is unclear where a budget surplus would come from. Because the oil and gas industry is already drilling at record rates, officials in the Trump administration may point to selling public lands as the best option for funding.