In a new insight, Director of Regulatory Policy Dan Goldbeck breaks down the permitting reform provisions in the Fiscal Responsibility Act of 2023.

Key points:

• While the core aspects of the Fiscal Responsibility Act of 2023 are to extend the debt limit and adjust certain fiscal policies, the legislation’s provisions on permitting reforms are likely its most notable non-fiscal policy items.
• Given the constraints of the cross-partisan negotiation, the permitting policies included were far more restrained than previously expected, but those that did make it into the final bill provide some meaningful updates to the environmental review process.
• Beyond implementing some core process-based reforms, the bill also addresses a handful of other ancillary issues with the understanding that bipartisan discussions in the permitting policy area will continue going forward.

Read the analysis