Universal Service Reform is headed to Capitol Hill.
The Senate Commerce Committee is planning a hearing on the Federal Communications Commission's effort to overhaul an $8 billion phone fund, slated for Oct. 12, according Hill and industry sources.
Congressional Democrats have expressed concerns that the plan won't sufficiently protect consumers. Public interest advocates say phone users may see their rates go up if the agency adopts a plan from telecom companies.
Genachowski will release an outline of his proposal in a speech on Thursday. The commission will vote on the proposal on Oct. 27.