Michael Munger comes up with a very nice snapshot of the problem of too much federal land, especially out west.
Essentially the entire state of Nevada is owned by the federal government. And it seems like they're managing federal lands poorly all over the US. Utah has gone so far as to issue an ultimatum that the federal government has until the end of 2014 to hand over control to the state or else. Several other states are considering similar legislation.
It's pretty unclear whether state transfer laws are constitutional or just crazy talk. But we're likely to hear a great deal more about later this year.