A bill that went through the house committee last year that is now receiving more attention. Information here:
Bill Text - 112th Congress (2011-2012) - THOMAS (Library of Congress) and an article here:
The Legislation That Could Kill Internet Privacy for Good - Conor Friedersdorf - Politics - The Atlantic
Basically the bill requires all ISP's to retain for 18 months customer records, history, data, credit card #'s, and bank accounts for perusal by a government agency without any warrant or consent. The bill contains previsions for the data to be "stored securely", however all maintenance and security is up to the ISP.