I agree this is a dumb proposal, but what's interesting is that we're at a point where we have to decide whether the government or handful of huge corporations with local monopolies should be in control of the Internet. If that's the choice, I personally would favor the government which is at least notionally somewhat under our control. It's not like the Internet monopolies have any incentive whatsoever to push back against government attempts to assert control or censorship.

The better solution is a breakup of the massive telecoms into many, much smaller companies, including forbidding local monopolies on home Internet access. But I have no hope of that happening anytime soon.