FCC To Propose New Net Neutrality Rules
April 24, 2014
FCC To Propose New Net Neutrality Rules; Initial Jobless Claims Rise
On the Hill
- The Federal Communications Commission plans to propose new ‘net neutrality’ rules today, which would allow broadband providers like Comcast and Verizon to charge premiums to companies that want access to providers’ fastest lanes. This plan seeks to prevent broadband providers from slowing down individual websites (i.e. Skype, Netflix, ESPN, etc.) and affecting the consumer experience. The FCC believes that this proposal is a defense of ‘net neutrality,’ which alleges that all internet traffic should be treated equally.
- Initial jobless claims, which show the number of individuals filing for unemployment insurance for the first time, jumped by 24,000 to a total of 329,000 claims this week.
- Durable goods orders, which indicate the number of new orders placed for domestically manufactured factory hard goods, increased by a sizable 2.6% in March, a stronger boost than expected. Excluding transportation, durable goods increased by 2.0% in March.
- A new health policy study published in Health Affairs suggests that many of the insurance plans canceled in 2013 because they failed to meet the minimum requirements of the Affordable Care Act would likely have been terminated by policyholders anyway. According to the report findings, most individuals who retain non-group insurance plans do so for temporary transitional purposes. The author contends that the “4.7 million adults [who] had their policies canceled in 2013 ‘are likely capturing a great deal of the normal turnover in this market.’”
- On Wednesday, Georgia Governor Nathan Deal signed the Safe Carry Protection Act, a law allowing licensed gun owners to carry firearms in previously restricted locations such as bars and government buildings. The act also allows churches to opt into the provision and enables school districts to designate staff to carry guns “within school safety zones under certain circumstances.”
- A federal indictment against Philadelphia-owned Penn Choice Ambulance Inc. alleges that the company engaged in a $1.5 million scheme to defraud Medicare. The U.S. Department of Health and Human Services “has identified ambulance service as one of the biggest areas of overuse and abuse in Medicare.” In 2012 alone, roughly $5 billion of Medicare funds went to ambulance companies.