As Congress scrambles to clear the calendar and head home for the holidays, the stimulus package has become a sticking point that has stalemated the legislative process. Rather than focus on tax cuts that can provide the right incentives for entrepreneurs and businesses to bolster the economy, the debate has bogged down in bailouts and giveaways that will do little to promote long-term economic growth. Also falling by the wayside is any attempt to ease the regulatory burden on the economy. Notably, the Tauzin-Dingell bill, which sought to eliminate regulatory barriers to the next wave of telecommunications technology, has been set aside until next year at the earliest. At the same time, with the administration's attention focused on important foreign policy questions, federal agencies continue to move forward with costly and expansive regulatory agendas. These regulatory burdens are substantial and rival taxes in costs to consumers and the economy as a whole.