Plagiarism Anyone???

If Biden's 'Made in America' EO sounds familiar, that's probably because Trump signed an executive order in April 2017 instructing the government to review federal contract requirements to 'Buy American' and minimize any waivers or exceptions....

Cus Thieves gonna Thieve... :-))

I can hear the Media gushing already..

Lynda

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by Tyler Durden
Monday, Jan 25, 2021 - 8:58

As we reported last week, every day of President Biden's 10-day sprint out the gate is supposed to have a "theme". Thursday's was fighting the coronavirus pandemic. Friday's was economic/racial inequality.

Now, as Nancy Pelosi and the rest of Biden's Congressional allies continue with their push to (retroactively) impeach President Trump, President Biden is outright stealing one of his predecessors' most popular ideas. Like Trump before him, Biden is signing a "Made in America" executive order to increase the amount of federal spending that goes to American companies.

Currently, the federal government spends about $600BN on contracts per year, and while there are already rules in place governing how taxpayer dollars can be spent, and how many foreign products can be purchased, there are many waivers and loopholes that allow for more foreign components and parts to be used, depending on the contract.

Biden's new executive order will, according to his administration, close some of these loopholes and limit the number of waivers, as well as order an increase in domestic content of parts used in these contracts.

The order will also redefine what can count as domestic product, while creating a public website so US companies can more easily see government contracts being offered and determine whether they could potentially make a competitive bid.

Additionally, The executive order will also create a new senior role at the OMB to oversee whether the Biden team is implementing these efforts.

One reporter said the goal is to make small changes that add up to major windfalls for American companies, while also ensuring companies can't get around the new rules.