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New FCC Broadband Plan Adds $9 Billion to Rural
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Amy Schatz is reporting in the Wall Street journal that the Federal Communications Commission's National Broadband Plan will propose up to $25 billion in new federal spending for broadband and for a wireless network that would be used by police and firefighters. One of FCC Chairman Julius Genachowski's (above) goals is to extend 100 megabit per second service to 100 million homes by 2020.
The plan would spend $9 billion to bring broadband to rural areas faster. That money would be on top of the $7.2 billion already included in the federal stimulus plan.
"The plan will also suggest creating a new broadband account in the federal Universal Service Fund, an $8 billion annual program funded by ratepayers which subsidizes phone service in rural areas and for low-income Americans," according to Schatz. "The new fund would be devoted to funding broadband in areas that don't have high-speed Internet service now."
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National Broadband Plan
Given the fact that we’re just in the 15th position within the world when we talk about broadband internet, it is just the next thing that our leaders should take care of. South Korea has it all over the US in broadband access. To save face, the (unconstitutional) FCC has thought of national broadband plan, which will put faster internet and phone access, as well as rural internet access at insane speeds in more hands, and even save people a payday cash advances or small installment loans worth every year. It will also create more jobs, and the aim is to possess a national broadband network.