Permitting delays are driving up costs. Congress must act before it’s too late
Less than four months remain in this legislative session. The clock is ticking to pass comprehensive permitting reform. If lawmakers want to address affordability, which remains the No. 1 issue voters care about, they will prioritize creating a clearer path for building major projects. The federal permitting process is fraught with a complex regulatory framework and red tape that stymies much-needed infrastructure. We need meaningful improvements.
TL;DR
- Permitting reform is crucial to address affordability, the top concern for voters.
- Current federal permitting processes are complex, time-consuming, and costly.
- Infrastructure projects can face 24-30% cost increases due to permitting delays.
- Surging electricity demand requires significant infrastructure upgrades, which are hampered by outdated permitting.
- The current legislative session provides a narrow window to pass reform before potential political shifts cause further delays.
- Existing bills in the House and Senate offer a path forward if passed promptly.