President Biden just made infrastructure even more expensive

As if 8.5% inflation wasn’t already making it hard for the United States to build the roads, bridges, and pipelines our economy needs to grow, President Biden made it even harder to build that infrastructure today when his Council on Environmental Quality issued new regulations rolling back former President Donald Trump’s efforts to greenlight federal projects faster.

Specifically, the Biden administration ended changes Trump made to the way federal agencies are required to implement the National Environmental Policy Act. Trump’s reforms exempted many infrastructure projects from environmental review and made project approval faster for those that still had to be reviewed.