Many of these regulations can slow down a project and stifle that economic progress, can create uncertainty for businesses, the project itself, increase the time it takes to construct the project, increase the cost of that project.
Chao discusses the negative impact of regulations on project timelines and costs.
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But for New York and New Jersey to consider funds debt that we have given them as part of their equity back to us is something that we disagree with.
The Department of Transportation must aggressively use all of its authority and resources to bring those numbers down.
It's also important to recognize that the way we build and deliver projects is as important as how much we invest.
No political pressure is going to take one of those projects, put it at the head of the line, ahead of all other projects, which is what is happening in this particular case.