American Enterprise Institute

Universal Service Fund budget cap promotes efficiency, sustainability

Four different universal service initiatives, each aimed at solving a different problem, are funded by a single surcharge on interstate and international telecommunications revenue. Over the past two decades, each program has grown independently without much regard to cost, or to the activities of the fund’s other programs. As a result, the surcharge has risen from 3 percent in 1998 to a whopping 24.4 percent today.

Elizabeth Warren’s rural broadband plan repeats historical mistakes

Senator and presidential candidate Elizabeth Warren (D-MA) has a plan for rural America. All of America should be concerned, because it reflects a fundamental misunderstanding of economics and business.I’ll focus on the rural broadband plan. The overarching theme is that private businesses cannot be trusted, and neither can consumers (except maybe when they are voting for Senator Warren), so government officials should take control. Other takeaways: