As the United States edges closer to passing a $1 trillion infrastructure bill to revamp the nation's crumbling roads, transportation hubs, water supply and electric power grids, some of the policies and frameworks that would be charged with implementing these projects have come under the magnifying glass.
The Committee for Economic Development of The Conference Board (CED), a nonpartisan, business-led public-policy organization consisting primarily of senior corporate executives from a range of U.S. industries and sectors, has released a new report calling on policymakers to create a more efficient, streamlined regulatory process to avoid prolonged, expensive delays.
The report, Building Infrastructure in Real Time: Avoiding Regulatory Paralysis, notes that the United States routinely lags other advanced nations in infrastructure adequacy and quality. This is caused in part