The White House did not immediately respond to a request for comment on the report.
Aerospace company Boeing now operates the station for NASA, which costs $US3 to $US4 billion each year.
As it prepares a transition plan, the White House said it "will request market analysis and business plans from the commercial sector and solicit plans from commercial industry".
Under the plan, the White House would fund the station as normal through 2024, but at the same time "expand global and commercial partnerships over the next seven years in order to ensure continued human access to and presence in low Earth orbit". The proposal envisions an environment where NASA is "one of many customers of a non-governmental human space flight managed and operated enterprise" at the ISS.
'As a fiscal conservative, you know one of the dumbest things you can do is cancel programs after billions in investment when there is still serious usable life ahead, ' argued Cruz, according to the Post.
The United States spent almost $US100 billion to build and operate it the ISS and any sell off would likely face strong opposition. An optimistic guess could be that the ISS goes to a company that continues the station's scientific research for its own commercial purposes, but a much more pessimistic guess could involve the passing of the ISS to real estate developers, to convert the station into a gaudy space resort for the super rich (Russia already wants to build a luxury wing on the ISS for rich tourists).
The move could present a major roadblock to space exploration. As the Guardian noted, since the retirement of the space shuttle in 2011 NASA has no means to get astronauts into space and now relies on Russian Soyuz rockets to get them to the ISS; private companies like SpaceX and Blue Origin won't launch manned missions to low Earth orbit until this September at the earliest. The ISS has no clear commercial use, those other governments would be sure to balk at the idea of turning the station over to the private sector, and even Republicans like Ted Cruz are calling full privatization an extremely stupid idea since the ISS could potentially stay in use until 2028 or beyond.
Russian Federation has scrubbed the planned launch of an unmanned cargo spacecraft that was to have delivered tons of supplies to the International Space Station.
Kim Jong Un invites South's Moon to Pyongyang: Seoul
Pence did say, however, that Moon shared with him details of his meeting with North Korean leaders, without elaborating. Vice President Mike Pence remaining seated as the North and South Koreans entered the stadium.
N.Korea extends invitation to South
The North initially had no athletes coming to the Olympics, but the International Olympic Committee allowed 22 as special entries. So calling for unification during cross-border talks at Panmunjom or even forming a united Korean sports team is only symbolic.