Biden finalizes increase in Buy American requirement to 75% by 2029

The federal government spends more than $600 billion annually, and it is required to buy from American contractors and manufacturers when possible. But the policy only requires products bought with taxpayer dollars to contain at least 55% U.S.-made parts to qualify. The final rule announced Friday will raise that number to 60% in October this year, 65% in January 2024 and 75% in January 2029, according to administration officials. The president issued a proposed rule with similar changes last July.

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