“The federal government spends $600 billion a year on everything from ships, to steel, to buildings and the like. And under my proposal, we're going to make sure that every penny of that has to be made by a company [in America].”
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Biden signed Executive Order 14005 on January 25, 2021 directing agencies to maximize federal purchases of American-made goods, and a March 7, 2022 Federal Acquisition Regulation final rule (effective October 25, 2022) raised the Buy American domestic-content threshold from 55 percent to 60 percent, then 65 percent in 2024 and 75 percent in 2029. These actions materially tightened domestic sourcing for federal procurement, but the rule kept a 55 percent fallback threshold and waiver authority, so purchases were never required to be 100 percent American-made. The pledge that 'every penny' be spent on American-made goods was therefore partly, not fully, kept.
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