FCC Will Stifle Investment With New Regulations

Floor Speech

FCC Will Stifle Investment With New Regulations

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Ms. FOXX. Madam Speaker, yesterday The Washington Post published an editorial about recent rumblings at the Federal Communications Commission. It seems that the FCC Chairman is concerned about ``breaks and cracks'' in the Internet that pose a threat to openness. His prescription for these apparent fissures: the heavy hand of the Federal Government.

As a result, the FCC appears ready to hand down new regulations that will hinder Internet Service Providers' ability to manage their own networks. The rules would essentially regulate how ISPs manage network traffic. But this seems more like a solution in search of a problem. Or rather it's a solution that will create a problem by hamstringing network operators' ability to manage network congestion.

The Post is right to question the FCC's proposal. Such overregulation will only hamper additional investment by Internet providers, which could negatively affect rural areas like much of the district I represent.

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