aggressive maneuver to another neighbor down the road. axios reported that president biden, despite all that s going on, remains committed to the core elements of his economic program, even as price hikes are threatening to wipe out democrats in the midterms. inflation may be the key story now until november. what more can you tell us? as you mentioned, inflation is going to be a huge issue this cycle, potentially even for the next one. you see folks on the state level, governors of both parties stepping up to address plans and the rising costs. economic advisers are committed to upholding some of the stricter parts of his economic plan and policies. his so-called buy american policies, restricting where we could get goods and make things for the u.s. and other places. the problem, though, jonathan is that, of course, inflation as it stands now is hurting them politically with americans. but if you were to scrap all of
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Executive Order 14005
Not even one week into the Biden Administration’s tenure, Buy American rules are yet again taking center stage as a fundamental policy objective. On January 25, 2021, President Biden issued Executive Order 14005 entitled “Ensuring the Future is Made in All of America by All of America’s Workers,” which sets forth the new Administration’s policy of utilizing the federal procurement process to maximize the use of goods, products, and materials that are US-origin. Executive Order 14005 takes aim at overhauling “Made in America Laws,” which it defines broadly as inclusive of all statutes, regulations, rules, and Executive Orders relating to federal financial assistance awards or federal procurement known interchangeably as Buy America or Buy American rules which provide a preference for purchase of domestic goods and materials that are US-origin. But unlike Executive Order 13788 issued by the Trump Administration making changes to Buy America rules, P
Wednesday, February 3, 2021
Recent modifications to regulations and federal government acquisition policies portend big change for contractors across the US, and their suppliers around the world. Breaking away from traditional political positions, former President Donald Trump and newly-inaugurated President Joe Biden each took steps in January 2021 to revise Buy American Act (BAA) requirements, which could have significant impacts on companies doing business with the US government.
Federal Acquisition Council Issues Final Rule
On January 19, 2021 – the day before inauguration – the Federal Acquisition Regulatory Council (the FAR Council) issued its long-anticipated Final Rule, largely implementing a July 2019 Trump Administration Executive Order seeking to maximize the use of US-made goods. The Final Rule makes three key changes to BAA requirements.