I've just read through a lot of this bill and its worded to sound like its for security but, knowing the IT field, this will give the government almost total control of all internet traffic in the US in the name of Cyber Security. There's some on domain names and a lot on traffic control. I heard there was some on "hateful emails", that would require a 24 cooling off period to let you reconsider your email and also one that websites would be required to post links opposing opinions, but didn't see those two in the bill. I haven't read it all yet, but scary stuff here.
http://www.opencongress.org/bill/111-s773/text
Currently it is in committee, so hopefully it dies there.