Re: If this bill gets anywhere close to passing...
"Odds are the bill will be construed so as to bar the Internet (and perhaps even telephone) from being classed as a common carrier at all. For that matter, they may just remove the "common carrier" designation altogether and completely defang the FCC. Anything the FCC tried can be negated by the act, since the FCC's powers come from the Telecommunications Act, and as long as they're not retroactive, they can be applied legally."
I'd expect no less, especially if Congress thinks the FCC might push the button, so to speak, before the bill's language is finalized. Even if it were the case that Congress didn't pull the FCC's powers, subverting anything they would've accomplished with the bill, if Congress could actually unite to pass such a bill, they could feasibly pass another to undo any "damage" the FCC might've already done.
"But this bill will go nowhere. It'll likely never get through the Senate. Even if it did it probably wouldn't make it through Conference Committee, nor get passed AGAIN. Finally, President Obama would likely veto the bill, and neither house is united enough on this bill to override it."
My guess is you're likely correct on that, but the true differences between elected Democrats and Republicans is very slim, the rest mostly a facade for the people they represent. They all more or less seem to obey whoever pays the most money
bribing lobbying, with one member recently confirming what we already knew, regarding patent reform.