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America’s permitting issues raise costs
The article discusses how America’s permitting system delays infrastructure, housing, and energy projects due to overlapping regulations and extensive litigation, primarily stemming from the evolving procedural requirements of the National Environmental Policy Act. These delays increase costs for consumers through higher home prices, rents, and utility bills, while also hindering economic growth and investment. Proposed reforms, supported bipartisanly by Congress through measures like the SPEED, FREEDOM, and PERMIT Acts, aim to streamline permitting processes without compromising environmental standards, ultimately making it easier to build and fostering affordability.
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