Davis-Bacon Wage Provisions Depress the Economy

by James Sherk WebMemo #2253 Congress has included a little-known provision in the economic stimulus legislation that wastes tax dollars and costs jobs. All $188 billion worth of construction projects funded in the American Recovery and Reinvestment Act (H.R. 1) must pay Davis-Bacon prevailing wage rates. This requirement will inflate construction costs by $17 billion and depress the economy. Davis-Bacon Wage Provisions Depress the Economy