Thursday, February 05, 2009

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.

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