[Congressional Record Volume 149, Number 74 (Monday, May 19, 2003)]
[Extensions of Remarks]
[Page E994]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




          FEDERAL COMMUNICATIONS COMMISSION'S TRIENNIAL REVIEW

                                 ______
                                 

                          HON. JOHN A. BOEHNER

                                of ohio

                    in the house of representatives

                          Monday, May 19, 2003

  Mr. BOEHNER. Mr. Speaker, the telecommunications sector of the 
economy has taken a real battering. Market caps are a fraction of what 
they were 2 or 3 years ago. Companies such as Lucent continue to lay 
off employees and cut back operations. Even the large telephone 
companies have taken significant hits in the market and laid off 
thousands.
   The Federal Communications Commission had an opportunity to give 
these companies a boost. In its Triennial Review decision, it could 
have eliminated some regulations that have stifled investment and 
created uncertainty.
   Unfortunately they did not, and to make matters worse, here we are 3 
months later and we still have not seen the FCC's final order. The 
telecom sector continues to languish under burdensome outdated 
regulations.
   Mr. Speaker, it is vital to our nation's economy that we promote 
policies that will encourage investment and create jobs and reviving 
the telecom sector is an important part of rejuvenating the nation's 
economy.

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