\n\n“When the transit agency that serves Washington, D.C., replaced its aging trains during the last decade, it ended up paying about $400 million more than global averages\u2014the equivalent of an additional 150 cars.<\/p>\n\n\n\n
One major reason for the higher costs, according to economists with the American Action Forum who studied the D.C. Metro’s procurement process, was a federal mandate first imposed in 1982. It requires that equipment purchased by federally subsidized transit agencies contain at least 60 percent American-made components.”<\/p>\n\n\n\n
…<\/p>\n\n\n\n
“The cost of “Buy American” provisions can be significant. An analysis by the Peterson Institute for International Economics, a pro-trade think tank, found that “Buy American” rules on the books in 2017 cost taxpayers $94 billion that year\u2014$745 per household.”<\/p>\n\n\n\n
…<\/p>\n\n\n\n
“Overpaying for subway cars didn’t make the D.C. Metro safer or more efficient. All it did was force riders and taxpayers to spend more for less. The same will be true of Biden’s policies.”<\/p>\n\n\n\n