On the recordApril 24, 2012
Mr. Speaker, this House has a critical opportunity to reform the Federal contracting process, save the taxpayers billions of dollars, and spur job creation. Last Thursday, I introduced the Fiscal Responsibility in Federal Contracting Act to suspend the Davis-Bacon Act for 10 years. The Davis-Bacon Act requires the Department of Labor to, essentially, set wage rates for workers on Federal construction projects. The metrics used to come up with these wages are deeply flawed and inflate the labor costs of Federal construction projects by 22 percent. Suspending this act, as Presidents of both parties have done in the past, would save the taxpayers billions per year and empower Federal contractors to employ more people on their projects. Imagine getting five Federal projects for the price of four. That's a win/win for the U.S. taxpayer and construction workers. I urge my colleagues to join me in this important reform bill by cosponsoring H.R. 4403. ____________________





