FCC Boots Up Net Neutrality Regulations
The April issue of Budget & Tax News reports the Federal Communication Commission has adopted so-called net neutrality regulations, voting to regulate Internet service providers as utility companies under the authority of Title II of the Communications Act of 1934. FCC Commissioner Ajit Pai, who voted against the regulation, says the plan is a solution in search of a problem.
Also in this issue:
Alabama is projecting a $265 million deficit this year, caused primarily by ballooning costs for entitlement programs such as Medicaid.
Illinois Gov. Bruce Rauner announced the state government will no longer force state employees to pay union dues if they choose to opt out of public-sector unions.
A bill to make permanent the ban on state and local governments taxing consumers Internet access was reintroduced for consideration by Congress, and this time it might become law.
Health care and pension liabilities are the primary causes of a projected explosion in the national debt and deficit over the next few decades, according to the Congressional Budget Office.
Colorado’s state occupational licensing agency is cracking down on the threat of unlicensed teachers instructing people how to do yoga. Is this is a legitimate problem, or do consumers know better than regulators?
A Connecticut lawmaker has proposed taxing candy and soda in an effort to convince people to stop eating their favorite sweets. Proponents argue such taxes help people curb their sweet tooth, but scientific studies show sin taxes are a sour idea meant only to gobble up more tax revenue.
The full text of the issue is available online in Adobe Acrobat’s PDF format: April 2015 Budget & Tax News.
All issues of Budget & Tax News are archived here: Budget & Tax News Issue Archive.
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