Today, the fiscal year 2012 Financial Services and General Government Appropriations bill was passed out of subcommittee with funding cut by $2 billion from the 2011 level. The bill also included language prohibiting the Federal Communications Commission (FCC) from using funding to implement "net neutrality."
U.S. Rep. Tom Graves (R-GA-09), a member of the subcommittee who worked to cut the FCC's funding and insert bill language to block net neutrality, said, "Today, the subcommittee took a significant step in blocking the FCC from expanding its regulatory authority over the private sector. Most important, we've prohibited funds for implementing net neutrality, which means the innovation, entrepreneurship, and rapid job growth of the tech industry can continue uninhibited, and without worry of piles of new red tape. Furthermore, cutting the FCC's funding by $17 million is a sign of the continuing culture change here in the House Appropriations Committee. My goal coming into this committee was to force agency heads to defend their funding levels, and then send them back to their bureaucracy with less money. That's exactly what happened today."
U.S. Rep. Jo Ann Emerson (R-MO-08), Chairwoman of the House Appropriations Subcommittee on Financial Services and General Government said, "I have appreciated Congressman Graves' work on the subcommittee. He has continued to advocate for taxpayers and job creation by working to reduce the authorized funding level for the Federal Communications Commission and by ensuring that no money go towards the enactment of net neutrality. These are two significant areas in which the Congressman has contributed to the hard work of the Committee to produce a bill that cuts spending and returns these agencies to funding levels that allow them to focus on their core missions."