Biden Promises To Stop Waiving His Own Terrible 'Buy American' Mandates
The president's State of the Union address re-upped a tired, old promise to spend more tax dollars on less infrastructure.
The president's State of the Union address re-upped a tired, old promise to spend more tax dollars on less infrastructure.
If you look closely, you'll find a lot of contradictions.
The Federal Communications Commission uses broadband coverage maps that are so severely flawed, states started shelling out to make their own.
State governments already want relief from the "Buy American" mandates included in the bipartisan infrastructure bill.
From immigration to drug reform, there is plenty of potential for productive compromise.
The West Virginia senator had proposed a series of exceedingly modest tweaks designed to speed up the yearslong environmental review process for new energy projects.
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Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
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The White House is making it harder for people to request waivers from cost-increasing Buy America requirements in the $1.2 trillion infrastructure law.
In the 1980s, the Reagan administration made changes to the Davis-Bacon Act to help control inflation. The Labor Department is planning to undo them.
The president touted his support of cost-increasing 'Buy America' requirements for American infrastructure projects.
The issue has never been a lack of funds for infrastructure; it's that the money frequently ends up getting spent on something else via a highly politicized decision-making process.
Taxpayers will pay the tab for spruced-up bridges and rebuilt freeways, doubling down on a worrying trend.
A federal gasoline tax holiday would undermine the user fee system for funding highways and could worsen inflation.
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Pennsylvania has one of the nation's highest gas taxes, but those user fees haven't helped fix the state's poor roads and bridges.
Too Many (Government) Dollars Are Chasing Too Few Goods.
It's unwise to try to force consumer spending habits in defiance of the market.
It's even worse than the widely-skewered broker provision.
The 90-year-old Davis-Bacon Act artificially makes federal projects more expensive, and Biden seems to want to strengthen it.
The legislation will have a negative impact on the labor supply and send high prices soaring even higher.
Virginia spends around $35,000 per mile of state-controlled road. In New Jersey, it's $1.1 million. Both states are about to get a lot more federal funding.
Get ready to pay for new nanny-state technology and for bypassing the unwelcome intervention.
"Even products as simple as a pencil have to use wood from Brazil and graphite from India before it comes together at a factory in the United States," Biden said.
The one thing that would most help increase efficiency at America's lagging ports is also the one thing that Biden's union allies dislike the most.
It's Biden's bill, but Trump helped set the stage.
The U.S. government doesn't reflect on its spending history, and that shows.
It's one of the most expensive legislative packages in American history, but the $1.2 trillion bill will end up doing far less than it otherwise could have.
For Biden, "build back better’" apparently means eyes on everything in the economy.
Pete Buttigieg attracted some criticism for taking time off. But it's telling that no one initially realized he was gone.
The White House is undoing changes to the National Environmental Policy Act that were supposed to speed up the delivery of infrastructure projects.
"Spending trillions more on new and expanded government programs, when we can't even pay for the essential social programs...is the definition of fiscal insanity."
The President's inaugural "unity" rhetoric has given way to apocalyptic condemnation.
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The plan would reduce supply while increasing demand, resulting in harmful shortages.
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A new grant program that would help states set up privately operated toll roads would also forbid charging tolls to anyone making under $400,000 a year.
It is the equivalent of mandating that all new homes come with at least five bathrooms.
The Senate just passed a $1.2 trillion bipartisan infrastructure bill—and teed up another $3.5 trillion bill in the process.
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The bill working its way through Congress would create a national pilot program to study replacing the gas tax with a mileage-based user fee.