Biden announces $42 billion high-speed internet initiative

[mahatmakanejeeves]

Source: CNBC

POLITICS

Biden announces $42 billion high-speed internet initiative

PUBLISHED MON, JUN 26 2023 11:31 AM EDT UPDATED 13 MIN AGO

Emma Kinery
@EMMAKINERY https://www.cnbc.com/emma-kinery/

KEY POINTS
* President Joe Biden is kicking off a more than $42 billion plan to give every American household access to high-speed internet by 2030.
* The initiative is the next stage of Biden's push to invest in America ahead of his reelection bid.
* White House officials compared the plan to Franklin D. Roosevelt's effort to bring electricity to rural America in the 1930s.

WASHINGTON -- President Joe Biden is kicking off a more than $42 billion plan to give every American household access to high-speed internet by 2030.

The funds, already allotted by Congress through the Bipartisan Infrastructure Law and overseen by the U.S. Department of Commerce, are slated to be divvied up over the next two years through the Broadband Equity, Access and Deployment program. The initiative is the next stage of Biden's push to invest in America ahead of his reelection bid.

"Let us agree in the 21st century America, high-speed internet is not a luxury, it's a necessity," said Vice President Kamala Harris speaking at the White House. ... "Whether it's connecting people to the digital economy, manufacturing fiber optic cable in America or creating good-paying jobs building internet infrastructure in the states, the investments we're announcing will increase our competitiveness and spur economic growth across the country for years to come," said Secretary of Commerce Gina Raimondo.

Each state will receive a minimum of $107 million, with 19 states receiving over $1 billion. Texas is slated to receive more than $3.3 billion under the program.

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Read more: https://www.cnbc.com/2023/06/26/biden-high-speed-internet-initiative.html

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JUNE 26, 2023

Fact Sheet: Biden-⁠Harris Administration Announces Over $40 Billion to Connect Everyone in America to Affordable, Reliable, High-Speed Internet

https://www.whitehouse.gov/briefing-room/statements-releases/2023/06/26/fact-sheet-biden-harris-administration-announces-over-40-billion-to-connect-everyone-in-america-to-affordable-reliable-high-speed-internet/

{snip the boilerplate}

[Grins]

1. Great!! Long overdue.

It’s hard to function today in America without these services.

[Yo_Mama_Been_Loggin]

2. Basically a continuation of the Connect America Fund which was started under Obama

"But what about the billionaires?" the GOP

[Mr.Bill]

3. I worry that our taxes will pay for all this infrastructure,

then the internet providers will raise out rates.

[WhiteTara]

4. Our satellite internet is $70 a month.

[edhopper]

5. I see the polls

and I wonder how do the Dems get people to see that they are delivering things that change lives, while the GOP only spews hate.
We have to get this message out over the both siders in the Media. Well not really both sides, more like "Here is what the GOP is saying and here is the Dem response".

[OneCrazyDiamond]

6. It is hard getting equipment.

Lots of switches backordered for chips.

(I think it is my 2000th post)

[usaf-vet]

7. What the F is Texas receiving 3.3 billion for they can't even keep the F..in electric grid up.

It appears they are being paid for Abbott's failures.

Why should they receive 3.3 billion when they don't join the national electric grid to ensure their customer have reliable power?

Does this mean they will take the 3.3 billion to build a high-speed internet system that won't have a connection to the rest of the country and the world? So one Texas cattleman can send a high-speed message to the cattleman over the hill but not anywhere else, with the Texas idiot-in-chief making the decisions.

I say don't give them one F..in penny more than $107m to $1b the rest of the country receives. Is this an extension of the already lopsided system where the northern state pays a larger share of the tax burden so the southern state can be subsidized?