Congressman Proposes Bill To Make FCC Conduct Cost-Benefit Analysis For All Proposed Rules
June 27, 2011 at 5:00 AM (PT)
A bill introduced by Rep. BOB LATTA (R-OH) would require the FCC to conduct cost-benefit analyses for all proposed rules. The "FCC Analysis of Benefits and Costs" ("ABCs Act") was introduced last week.
"Over-regulations are stifling small businesses' ability to innovate and create jobs in the U.S.," said LATTA in a press release. "With the telecommunications industry driving a significant proportion of the economic growth in our country, we should make sure the FCC does not produce regulations that will hamper this sector of the economy.
"Businesses across America, and families for that matter, are making tough decisions based on their own cost-benefit analysis, so why should the FCC escape the tough calculations every day Americans are doing."