Latest / The Fiscal Policy Podcast with Fexingo: Government Budgets, Stimulus, and Public Spending
Why Government Procurement Costs You More
Episode 39 of The Fiscal Policy Podcast with Fexingo digs into government procurement — why public agencies routinely pay two to three times more than private companies for identical goods. Lucas and Luna walk through a concrete example: how the US Department of Defense was paying over $1,000 for a single coffee maker while commercial buyers paid $50. They explore the root causes: outdated regulations, risk-averse contracting officers, and the absence of market incentives. The episode also highlights a little-known reform — the Commercial Products exception in the Federal Acquisition…
The skinny
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