Schumer said Monday that an initial timetable called for delivering the text of a bill to the Senate Judiciary Committee by March, and Senate passage by late spring or in the summer.
Unfortunately, the text also suggests that the initial launch will require at least as much hoop-jumping from customers as for the original Google Wallet plans.
For the carriers, the program is a chance for them to sign up more subscribers and make a small profit, plus more money if customers go over their small initial allotment and need to buy more minutes or text messages.
