The link here is to the comments, and definitely take a minute to read some submitted comments from the space industry, congress, airlines & observers. They are enlightening. Having read about a dozen extremely well thought out letters so far, I’ve seen nothing but very serious concerns with the proposal.
Blue Origin, for example, created a diagram of the new licensing process, and detailed why it’s not likely to result in the monetary savings that the FAA is claiming.
https://www.regulations.gov/contentStreamer?documentId=FAA-2...
Many people commenting that the proposal isn’t adequately addressing the FAA’s mandate to public safety. To me it seems like a curious move to deregulate in the wake of the Boeing Max crashes that don’t look great for the FAA... but I don’t know how the FAA is structured, is it fair to draw any lines between rockets and airline regulation, or is rocket licensing a completely separate group of people?