Made in America - Soon With Even More America

ll74

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Biden Proposes increasing requirement for Made in America designation

Right now, the federal government has to spend tax dollars on products made in the United States, but purchases qualify for that label with 55% of their materials coming from the U.S. Biden is proposing raising the threshold to 75% by the end of the decade.

The White House says in a fact sheet that the plan would "ensure taxpayer dollars help America's businesses compete in strategic industries and help ensure America's workers thrive."

Adding to his earlier directive, that worked to eliminate loopholes in the Federal Gov't "Buy American" policies, signed on Jan 25

The United States Government should, whenever possible, procure goods, products, materials, and services from sources that will help American businesses compete in strategic industries and help America’s workers thrive.
 
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