In this week's Liberty Update we highlight the potentially catastrophic threat of H.R. 3, the healthcare…
CFIF on Twitter CFIF on YouTube
Quote of the Day: WSJ on H.R. 3, Biden & Pelosi's Dangerous Healthcare Bill

In this week's Liberty Update we highlight the potentially catastrophic threat of H.R. 3, the healthcare and drug price control bill that Joe Biden and Nancy Pelosi are attempting to rush through Congress.  The Wall Street Journal helpfully offers further insight this morning on how H.R. 3 would threaten lifesaving U.S. pharmaceutical innovation and leadership, including on things like the Covid vaccines:

 

Companies that refuse the government’s price must pay a 95% excise tax on all revenue they generate from that drug in the U.S.  They’d also have to offer the government price to private insurers.  There’s no “negotiation” when a gun is pointed at your head.  A new study in the Journal of the American Medical Association estimates that drug spending in the U.S…[more]

September 17, 2021 • 12:55 PM

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Home Press Room CFIF to FCC: Proposed “Net Neutrality” Rules Would Smother Internet Innovation and Damage the American Economy
CFIF to FCC: Proposed “Net Neutrality” Rules Would Smother Internet Innovation and Damage the American Economy Print
Thursday, January 14 2010

ALEXANDRIA, VA – In its official comment submitted today, the Center for Individual Freedom (CFIF) counseled the Federal Communications Commission (FCC) that its proposed “Net Neutrality” regulations constitute nothing more than a counterproductive “solution” in search of a speculative problem, and would stifle America’s vital Internet sector, bringing further harm to the ailing U.S. economy. 

CFIF filed its comment in response to the FCC’s October 22, 2009 Notice of Proposed Rulemaking, which contemplates imposing unnecessary Net Neutrality rules, whose leading advocates have stated openly and explicitly that, “what we want to have in the U.S. and in every society is an Internet that is not private property, but a public utility.”    

“Since the 1996 Telecommunications Act, the Internet has thrived and played a central role in maintaining America’s status as the most prosperous, most entrepreneurial and most innovative nation in human history,” said Timothy Lee, CFIF’s Vice-President of Legal and Public Affairs.  “This didn’t happen by accident or coincidence,” he added.  “Rather, it has occurred precisely because the government has refrained from suffocating it with meritless overregulation. 

“The term ‘Net Neutrality’ itself is dishonest, because such regulations are anything but ‘neutral,’” said Mr. Lee.  “To the contrary, Net Neutrality would constitute bald corporate welfare by regulating Internet service providers to the benefit of self-interested content providers, powerful corporate interests and partisan activists. 

“At a time in which the American public is justifiably opposed to more and more federal regulation and bureaucratic control over our lives, meritless regulations heaped upon an Internet sector that thrived since 1996 without Net Neutrality are counterproductive to the FCC’s and Administration’s goals of ubiquitous broadband access,” Lee continued.  “Rather, flexibility and freedom for consumers and Internet service providers to manage networks and bring new innovations to market are critical to achieve that goal.  Net Neutrality will only undermine incentives to further invest and innovate, with American consumers ultimately paying the price. 

“The bottom line is that future Internet growth and innovation depend wholly upon encouraging continued private investment in high-speed networks, which has brought us such breathtaking progress in just over one decade.  The FCC should abandon its proposed Net Neutrality rule, and instead work to incentivize – or at least refrain from disincentivizing – further private investment in high-speed Internet infrastructure,” Lee concluded. 

To read CFIF’s comment as it was submitted to the FCC, click here (.pdf)

###


To schedule an interview with Timothy Lee, please call 703-535-5836.

The Center for Individual Freedom is a non-profit, non-partisan organization with over 250,000 grassroots supporters and activists established in 1998 to safeguard and advance Constitutional rights and free-market principles, and to ensure continued American innovation, leadership, economic prosperity and worldwide entrepreneurial preeminence. 


 

Related Articles :
Quiz Question   
What is the single deadliest disease epidemic to the U.S. population in history?
More Questions
Notable Quote   
 
"US presidents rarely look to make waves with speeches to the annual United Nations General Assembly, but President Joe Biden's nearly 40-minute talk Tuesday actually challenged global leaders ... to stay awake.The world, Biden lectured, needs to 'act together.' This is a 'decisive decade.' We must work to prevent pandemics and fight climate change. 'We stand at an inflection point in history,' have…[more]
 
 
—New York Post Editorial Board
— New York Post Editorial Board
 
Liberty Poll   

Of the presidents who have presided over the Afghanistan war, which one deserves the worst grade as the U.S. observes the 20th anniversary of 9-11?