Mark Penn and Andrew Stein write in The Wall Street Journal on the need to modernize permitting.
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- Inefficient regulations threaten our ability to build new bridges and roads, despite the billions of dollars in new funding through the bipartisan infrastructure law.
- The nation’s broken permitting system will hold up development and inflate project budgets, making it more difficult to complete key roads and bridges.
- In order to stretch federal dollars further Congress should modernize permitting in the United States.
“The permitting process is broken. Environmental-impact studies are a racket, delaying projects for as long as five years over insignificant issues. Costs are increasing because of endless litigation and inflation. Contracting and labor rules have become so burdensome that no private enterprise could operate under them.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.