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ABC: Final Davis-Bacon Rule Undermines Taxpayer Investments in Infrastructure

by | Aug 8, 2023 | ABC | 0 comments

WASHINGTON, Aug. 8—Associated Builders and Contractors issued the following statement in response to the U.S. Department of Labor today issuing a final rule, Updating the Davis-Bacon and Related Acts Regulations, which will make drastic revisions to the Davis-Bacon Act and Related Acts regulations that apply to federal and federally assisted construction projects funded by taxpayers.

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WASHINGTON, Aug. 4—The construction industry added 19,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by...