On the recordMarch 31, 2011
I yield myself the balance of my time. Mr. Chairman, the gentleman from Georgia is correct. On an average, this Davis-Bacon wage requirement costs an average of 22 percent above market wages. That means that the Davis-Bacon act costs 22 percent or more on costs for getting projects done, which means fewer projects can get done, which hampers the ability that we have, local governments have to ensure that contractors and work is done across this country. This amendment saves taxpayers millions of dollars--we heard perhaps a billion. It allows for more competition, and I ask my colleagues to support the amendment. I yield back the balance of my time.
