I've lost complete confidence in USAC over the past few years.
There are now fewer MTB races and almost zero nationals coming through town any longer and they have been shrinking every since NORBA left town. So from a financial perspective I'm getting less 'bang for my buck', or $60 to be exact, just in the number of events that $60 can be spread out over.
Those few events still functioning are for the most part the same old hat with almost no change from the promoters to update them and bring them in line with today's athlete and technology. Granted, this isn't any fault (that I can see) of USAC but I'm still obligated to purchase a USAC license if I want to race CAT1 or PRO.
But this isn't just a USAC issue, the UCI is riddled with problems including the new cyclocross VERGE and NACT races here in the US that may be banned because, of all things, they hold more races than the prescribed 8 race max rule (how nice would that be in MTB'ing?).
Obviously the only real solution I can see is if A. Another entity steps up and somehow offers to compete with USAC, which in most cases would probably end in financial ruin. B. Promoters somehow working directly with venue's (resorts, ect...) and piggy backing off their liability insurance. Much like if you were to buy a lift pass. However, this may result in higher entry fee's, etc...
I will throw this question/thought out though; The US has rules on holding a monopoly with a few exceptions, like power companies which can be heavily regulated. Has USAC managed to fly beneath the radar on this issue or are they exempt in some manner? For example, to cut down on confusion there can really only be one regulating body to choose athletes for the Olympics/World Championships. However, that doesn't mean that another organization can't exist to provide the other services USAC offers to those athletes/events that would have no bearing on the Olympics/World Championships.
I don't want assume here but isn't USAC a non-profit "government" entity. Which in that case means they can certainly provide a monopoly? That's besides the point.
We're doing it here in Utah, but with our own bit of flavor: BikeDerby.