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Manufacturing Industry News

CPA Applauds Biden Proposed Rule to Significantly Strengthen Buy America Rules

7/29/2021

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WASHINGTON -- Wednesday, the Coalition for a Prosperous America (CPA) applauded the Biden administration for proposing a new rule pursuant to Executive Order (EO) 14005, Ensuring the Future is Made in All of America by All of America’s Workers, which President Joe Biden signed in January. The proposed rule aims to increase American-made content in federal purchases and bolster critical supply chains. The effort builds upon the Biden administration’s efforts to modernize and strengthen implementation of the Buy American Act. With $600 billion in annual procurement spending, nearly half of which is in manufactured products, the Federal government is a major buyer of goods and services, including the single largest purchaser of consumer goods in the world. However, CPA remains concerned about possible future weakening of the content rules by using a “value added” test proposed by those opposing Buy America. 

​More HERE at TMANews.com

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