[White House Research Report: Permitting Reform Bill Expected to Boost Economic Growth and Increase Wages] Golden Finance reports on October 28th that an analysis by the White House Council of Economic Advisers (CEA) indicates that a bipartisan bill aimed at reshaping the U.S. permitting system and accelerating energy project development is expected to boost economic growth, reduce electricity costs, and increase real wages across the country. This assessment report was released as Congress is expected to vote on the plan after next week's midterm elections. The report reflects the optimistic expectations of the bill's supporters, who call it a "once-in-decades" opportunity that could significantly shorten the time required for government approval of oil pipelines, wind farms, and other energy projects. The Council of Economic Advisers stated that if environmental reviews are accelerated under the permitting reform bill, the U.S. economy could potentially grow by an additional 0.28% to 0.56% annually, equivalent to an additional $82 billion to $164 billion in economic output each year. This bill is one of President Trump's priorities and would significantly alter the current system.