Some Deregulation Could Be in the Cards
This fall, Congress faces an expiration of income tax cuts, automatic across-the-board budget cuts and another round in the debt ceiling fight. But, for now, the U.S. faces a seasonal quiet in the nation's capital. Call it the lull before the storm or lameness ahead of the upcoming "lame duck" session of Congress. Routine bureaucratic business continues, but the political class defers sensitive decisions until after the elections in November.
My telecom-analyst colleague Robert Kaminski tells me a larger inflection point is at hand, as well, in the telecom and tech policy world. He believes congressional inaction is just fine since most of the important telecom laws have already been written, culminating in the spectrum legislation signed by President Obama this February. Meanwhile, the aspiration to amend the Telecommunications Act of 1996 for the 21st century is only a twinkle in the think-tank analyst's eye....414 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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