The main purpose of this legislative proposal is to eliminate the wage requirements set by the Davis-Bacon Act. This act currently mandates that workers on federal construction projects be paid at least the prevailing wage for similar work in the area where the project is located. The goal of repealing these requirements is to reduce labor costs for federal construction projects, which supporters argue could lead to more projects being funded and completed. Key provisions of this proposal include the complete repeal of the wage requirements outlined in the Davis-Bacon Act.