Trump’s Push to Modernize Our Infrastructure

Traffic on Interstate 110 in Los Angeles, Calif., in 2012. (Bret Hartman/Reuters)
If fully implemented, his reforms could spark a historic modernization of America’s infrastructure.

NRPLUS MEMBER ARTICLE L ast week President Trump accomplished one of his most important goals: to reform the broken system of federal approvals for major infrastructure projects such as highways, pipelines, and ecological restorations. Once fully implemented, his reforms could spark a historic modernization of America’s inadequate and aging infrastructure.

The system of permits and environmental reviews under the National Environmental Policy Act, or NEPA, requires such extensive paperwork and technical study that the cost of obtaining permits can easily exceed those of construction. Its delays, burdens, and uncertainties cost the United States a significant fraction of its entire economic output every year — in

Mario Loyola — Mr. Loyola is a senior fellow at the Competitive Enterprise Institute and director of the Environmental Finance and Risk Management program of Florida International University.

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