White House research report: Licensing reform bill expected to boost economic growth and raise wage levels
2026-10-29 01:02:30
According to CoinMeta, an analysis report released by the White House Council of Economic Advisers ( CEA ) indicates that a bipartisan bill aimed at reshaping the US licensing approval system and accelerating the development of energy projects is expected to promote economic growth, reduce electricity costs, and increase real wage levels across the country. Congress is scheduled to vote on this plan after the mid-term elections next week. The report states that if environmental reviews are accelerated under the licensing reform bill, the US economy is expected to grow by an additional 0.28% to 0.56% per year, which is equivalent to an additional economic output of $82 billion to $164 billion per year. This bill is one of President Trump's priorities and will make significant adjustments to the current system.
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Source:Jin10 Data
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