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What the FEOC?
In this episode, I'm joined by Jake Higdon and Isabel Munilla, who helped develop the original "foreign entity of concern" (FEOC) standards for the Inflation Reduction Act, which sought to encourage domestic supply chains. We explore the security risks that prompted FEOC policy, the delicate balance required to do it right, and the absolute hash that Republicans made of it in their recent budget bill, to the point that it may kill the domestic manufacturing they claim to support.
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Published on 3 weeks ago