Presidential Election: Policy Implications for Contractors
Published: October 10, 2024
FeaturedFederal Market AnalysisAdministration TransitionElectionsPresident Trump
Deltek’s report Presidential Election: Policy Implications for Contractors profiles the policy priorities and management priorities shaping the platforms of presidential hopefuls Kamala Harris and Donald Trump and the potential implications for federal contractors.
Both presidential candidates have ambitious plans to drive economic recovery, improve healthcare delivery, reform the immigration process, and strengthen national security. Their chosen strategies and methods of execution will have varying impacts on the federal budget, contracting and compliance environments. The upcoming election will usher in not only a new administration but also a potential change in the Congressional balance, which will be critical for either candidate to implement some elements of their proposed agendas.
Industry can take a proactive approach to positioning for a new administration by scenario planning, supporting agency transition activities and developing strategies to uncover opportunities in the new administration.
Key Findings:
- There is overlap in priorities between Kamala Harris and Donald Trump, but there are major differences in strategies and methods of execution.
- A Harris Administration is likely to maintain the trajectory of the current administration in terms of priorities and investments.
- A Trump Administration will include second attempts at eliminating or reducing budgets for programs deemed low priority or wasteful, as well as a reduction in regulatory requirements.
- The agenda areas with the highest potential for contractor impact are economic development, foreign trade policy, small business strategies, manufacturing and immigration.
- Many of the policy priorities of both campaigns rely heavily on Congress. As such, the congressional majorities in the House and Senate will determine the scope and speed of either candidate’s legislative progress. Contractors should expect initial policy changes to occur via executive orders.
Deltek’s report Presidential Election: Policy Implications for Contractors is delivered in PowerPoint® format. In addition, the report package includes a PowerPoint® Executive Briefing and an accompanying Excel® workbook with the supporting data.
Introduction
- Report Purpose
- Scope and Methodology
- Key Findings
Candidate Platforms
- Climate and Energy
- Criminal Justice
- Economic Development
- Education
- Employment
- Foreign Trade
- Government Operations
- Healthcare
- Immigration
- Infrastructure
- Manufacturing
- National Security
- Small Business
- Technology
- Veteran Care
Administration Transition Timeline
Conclusions and Recommendations