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The Biden Administration and the Democratic controlled Congress is rolling out a robust spending plan that will provide benefits and burdens for the defense and government contract community. This article provides a road map that will assist in providing permissibly selective benefits for the qualifying government contractors and employees.
The Administration plans reflect that government contracts and grants will play a key role in its economic and domestic agendas, pandemic response, and proposals for global economic and technology leadership. Before making the news by signing an Executive Order requiring that all federal contractors receive the COVID-19 vaccine in September, Biden released a series of plans and proposals to address infrastructure challenges. The plans rely heavily on federal investments implemented through government contracting and grants to achieve their goals and objectives. These plans offer a roadmap to the future Biden administration's policy priorities and potential actions. During the election cycle, Biden announced his broad "Buy American" plan in a July 2020 speech in Pennsylvania, calling for $400 billion in new government procurement "to modernize our infrastructure, replenish our critical stockpiles and enhance national security," and $300 billion in new research and development "to sharpen America's competitive edge in new industries." (See, https://joebiden.com/made-in-america.) "American manufacturing was the 'arsenal of democracy' in World War II," Biden said, "and has to be part of the engine of new prosperity in America now." Following the election, Biden reiterated his broad economic plans, signing an "Executive Order on Ensuring the Future Is Made in All of America by All of America's Workers." Buy American proposals are central to his plan to invest in American products, services and supply chains. Biden's plan for a national commitment to Buy American says he will:
Biden proposed a series of executive actions to strengthen Buy American principles. These executive actions would:
Buy American principles were a notable aspect of Trump's 2016 and 2020 campaigns, and a subject of executive actions by his administration. The Trump administration increased agency attention to the Buy American Act, and this renewed government focus will continue to increase under the Biden administration.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.