Over on Reddit, the Bitcoin community is not all that happy with this proposal either. Some people are questioning how government officials can be so utterly ignorant of what they are proposing, considering most have the individuals seem to be out of touch with the world of electronics and data we have lived in for the past decade.
Using an argument of how Americans need to be protected from terrorists and criminal entities is certainly valid. However, officials have been harping on these same strings for several years now, and none of these bills have ever gotten approved. Nor should they be, in fairness, as what the Compliance with Court Orders Act of 2016 proposes, is nothing but an invasion of privacy at every level.
http://www.newsbtc.com/2016/04/15/us-senate-committee-releases-anti-encryption-proposal/