Mr. Speaker, I rise in support of H.R. 7283, the Ensuring Federal Purchasing Efficiency Act, as well.
Every 5 years, the Federal Government adjusts the dollar limits that they pay for certain goods and services to reflect inflation, and this bill would simply make it every 3 years. It will help ensure that the government can purchase what it needs. It will also make the government bidding process more competitive with the private sector, and it will help us get more value for our taxpayer dollars.
BREAK IN TRANSCRIPT
Mr. SUBRAMANYAM. Madam Speaker, I yield myself the balance of my time.
Madam Speaker, I thank the gentleman from Missouri for this bill, and I encourage my colleagues to support it. I yield back the balance of my time.
BREAK IN TRANSCRIPT