In recent years, the federal approach to regulation has fallen out of balance – stifling U.S. innovation and competitiveness with ever-increasing regulatory burdens and compliance costs. Inefficient and complex federal permitting processes continue to delay meaningful projects and investments that will stimulate job creation and economic growth.
Leaders in the business and policy communities have grown increasingly concerned about the adverse economic impacts associated with excessive regulation in general and a burdensome permitting process in particular. There is widespread, bipartisan agreement that improving the federal permitting process will help unlock investment, leading to economic growth and job creation.