Federal legislation played a huge role in the formation of the country’s telecom industry. Today, new bills and acts passed by the U.S. Government continue to shape the present and future of our field. One of the biggest acts to pass over the last couple of decades was the Telecommunications Act of 1996. This act represented the first major overhaul of the U.S. telecom field in over 60 years. It basically set the shape of the modern communications industry. This was the first act to take the internet into consideration. Yet even though the Telecommunications Act of 1996 was prescient in some ways it failed to predict one of the biggest changes in the telecom market. Over the last 15 years, flat-rate calling plans spread all over the U.S. Nowhere is this oversight more apparent than the formation of the Universal Service Fund (USF).