\n\n“the changes are a significant step backward. Biden is effectively undoing a major change made by the Reagan administration\u2014changes that were made, fittingly, to help combat inflation.<\/p>\n\n\n\n
That change, made in 1982, repealed the “30 percent rule” that guided the process for determining what wages would be paid on which projects. Under the 30 percent rule, the prevailing wage for any particular area would be based on the highest wages paid to at least 30 percent of workers within the same area.<\/p>\n\n\n\n
You don’t need an advanced degree in accounting to see how that mandate could artificially hike wages on federal projects. The government barred itself from even considering bids that might pay average wages, thereby obligating taxpayers to pay more than they might have had to in an open market.”<\/p>\n\n\n\n