What is the DPA & why are so many (including governors whose states desperately need supplies, & companies needing guidance & assurances) calling for the President to use it?
@npr has a good explainer. 1/5 npr.org/2020/03/18/818…
@npr has a good explainer. 1/5 npr.org/2020/03/18/818…
2/5
The DPA explained:
“The U.S. government is able to make contracts with industry under the law prioritizing the production of goods in scarce supply. . .
The DPA explained:
“The U.S. government is able to make contracts with industry under the law prioritizing the production of goods in scarce supply. . .
3/5
. . . It [the U.S. government] can also provide loan guarantees or lend money directly to targeted industries, and it can shield them from anti-trust actions resulting from firms cooperating and planning with one another. . .
. . . It [the U.S. government] can also provide loan guarantees or lend money directly to targeted industries, and it can shield them from anti-trust actions resulting from firms cooperating and planning with one another. . .
4/5
. . . And if those incentives prove insufficient, administration officials can also use what's called an "allocation authority" — namely, telling firms that the government has the right to purchase their products above anyone else.”
. . . And if those incentives prove insufficient, administration officials can also use what's called an "allocation authority" — namely, telling firms that the government has the right to purchase their products above anyone else.”
5/5
The DPA is necessary in this time of crisis to get the supplies our frontline workers so desperately need. That’s why I introduced -w/ 6 other Democrats & 7 Republicans- a resolution calling on the Trump Administration to use the DPA to save lives. starexponent.com/cse/spanberger…
The DPA is necessary in this time of crisis to get the supplies our frontline workers so desperately need. That’s why I introduced -w/ 6 other Democrats & 7 Republicans- a resolution calling on the Trump Administration to use the DPA to save lives. starexponent.com/cse/spanberger…
