Leader Cantor On CNN Responding To President Obama’s State of the Union Address
Uploaded by EricCantor on Jan 25, 2012
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President Obama c/o The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500
Dear Mr. President,
I know that you receive 20,000 letters a day and that you actually read 10 of them every day. I really do respect you for trying to get a pulse on what is going on out here.
Here is an excellent piece from the Heritage Foundation with a reaction to the president’s proposed budget:
Spectrum Availability Is Crucial to Growth – James Gattuso
The President’s budget released today includes some $31 billion in revenue from the auction of spectrum licenses for mobile broadband use. Of this, $10 billion would be spent on a public safety broadband network, with the rest purported to reduce the deficit, although the amount received is far outweighed by new spending elsewhere in the budget and is only a one-time revenue infusion. But setting that aside, the auction of these frequencies, now used by broadcasters, deservedly has widespread support. The wireless industry is one of the few booming areas of the U.S. economy, but with demand skyrocketing, it is rapidly running out of spectrum to provide service. Making more spectrum available is crucial to maintaining that growth. Legislation is already moving in Congress to authorize such auctions. But there is a snag: The Obama Administration, as well as the Federal Communications Commission (FCC), whose chairman is an Obama appointee, is insisting that any legislation allow the FCC to exclude the two biggest current users of spectrum—Verizon and AT&T—from bidding. The result would be not only to reduce the revenue gained but to starve the two leading providers of wireless service from the resources they need. Rather than pre-select the winners and losers, regulators at the FCC should conduct an open process, letting all participate and letting the market decide how this valuable resource is allocated.
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The government is always looking ways to get more tax revenue and put in more regulation. I predict the government will probably mess this area up too. I wish more people were exposed to the simple wisdom that Milton Friedman’s film series “Free to Choose” gives us and that is we need less regulation and less taxes and not more.
Thank you so much for your time. I know how valuable it is. I also appreciate the fine family that you have and your committment as a father and a husband.
Sincerely,
Everette Hatcher III, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733, lowcostsqueegees@yahoo.com
