5 Feb
2009
Posted in: Blog
By    Comments Off

Congress Eases “Buy American” Clause in Stimulus Bill

This From CNN:

“The Senate agreed Wednesday to soften a “Buy American” provision in its economic stimulus package, clarifying that the clause will not override existing U.S. trade treaties.

“The so-called “Buy American” provision in the $900 billion stimulus plan would have mandated that only U.S.-made goods be used in projects funded by the bill. Lawmakers who supported the provision said it would help jump-start the economy because it would help American companies.”

A good question to consider is – what projects will not be in-part funded by this massive 647 page spending bill?

Update: National Review has detailed much of the bill in this article.

DISCLAIMER: This post and the contents thereof are the views of only the author identified immediately above and do not necessarily represent the views of the New York Young Republican Club (the "NYYRC"), its officers or its members. The NYYRC expressly disclaims responsibility for the contents thereof and by its charter documents may not, and does not, endorse any candidate for any office, except in a general election.

Comments are closed.