Right now goods can purchased by the federal government with tax dollars if just 55 percent of their parts were manufactured here. On Friday, Pres. Biden plans to unveil a new regulation upping that standard to 75 percent.
to tour an aging bridge that will benefit from funds in the infrastructure law that was approved last year with Democratic and Republican votes.Biden teased the long-promised “Buy American” rule change during his State of the Union address Tuesday, saying the federal government spends about $600 billion on goods.
“There’s been a law on the books for almost a century to make sure taxpayers’ dollars support American jobs and businesses,”. “Every administration — Democrat and Republican — says they’ll do it, but we’re actually doing it.” White House officials said Thursday evening that they do not know what percentage of goods purchased by the federal government will meet the new threshold. One aide said the administration is considering a subsequent rule that would allow the government to identify which parts in an item are made here.The rule allows a phase-in of sorts.
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