Here is the EFF link [0] that provides additional information and also provides methods of contacting your local government officials to take action. Please send this along!
[0] https://www.eff.org/deeplinks/2017/04/fcc-wants-eliminate-ne...
[0] https://www.eff.org/deeplinks/2017/04/fcc-wants-eliminate-ne...
Of course, that also means it'll kill any competitors not willing or able to pay the same extortion, so in the end you'll have less choice, but at least you'll have saved money. Except you won't really save money because once the current administration allows further consolidation in the wireless sector, prices will rise with authority.
You might save a few bucks in the short run, but lack of competition doesn't tend to be good for markets - especially ones which can rapidly change like online services. Less choice generally means you're paying more.
Naturally, ISPs (if they care enough to do so) can spin their money grabs as giving away popular services for free (often after said services paid them off) while simultaneously limiting data or bandwidth for everything else.
Anything but the dumb pipe ethernet grid is a money grab. Hell, fixed data speeds we have now are money grabs. The reality is that there is a variable amount of bandwidth in a given network, and if ISPs were not exploitative they would guarantee a minimum speed but allow users to saturate the network as much as they can, because that is how the reality of the network operates. As it is, you get somewhere between 0 and your cap speed and are artificially throttled at the cap through anti-consumer behavior they can get away with because there is no competition in infrastructure.
Don't you see what a difference this will make?