Wall Street, Hill Diverge on Bill Prospects

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WALL STREET, HILL DIVERGE ON BILL PROSPECTS
[SOURCE: Broadcasting&Cable, AUTHOR: John Eggerton]
Lisa Sutherland, majority staff director for the Senate Commerce Committee, says that "network neutrality" will be the biggest hurdle to passage of a video franchise reform/telecom reform bill this session, though she remains hopeful it is not insurmountable. In fact, she told reporters Tuesday that if the House and Senate can get a bill to conference -- where differences are worked out -- "I have zero doubt we can get a bill passed." But Banc of America analyst Douglas Shapiro, for one, sees a tougher time reconciling the differences in the two bills. He sees the Senate draft as favorable to incumbents, in part because "the scope of the bill and the divergence from the video franchise bill... reduce the likelihood of any legislation passing this year."
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