House Republicans Take New Aim at Broadband Subsidies – 2013-02-25 20:28:25 | Broadcasting & Cable

Don’t miss House Republicans Take New Aim at Broadband Subsidies – 2013-02-25 20:28:25 | Broadcasting & Cable.

The whole thing’s worth the read, but here’s a sample:

Of course, Republicans were critical in general of the American Recovery and Reinvestment Act of 2009 (ARRA), but the House Communications Subcommittee leadership, which is holding an oversight hearing on the funding this week, was particularly focused on the chances for overbuilding, waste, fraud and abuse in the $7 billion program.

The memo takes aim in the first paragraph. “Advocates of the law said it needed to be rushed through Congress to infuse money into the troubled economy and that the funding would go to shovel-ready projects,” said the memo, proceeding to suggest the shovels instead had been notable for their relative scarcity. “[O]nly 60% of the broadband funds have been put to use so far even though all $7 billion was awarded by September 30, 2010,” they point out. “And of the 553 projects funded, only 58 are finished or in the finishing stages, even though all were originally supposed to be completed by Sept. 30, 2013.”

Advertisements
This entry was posted in Federal Action and Grants, Municipal finance, Overbuilding, Rural broadband and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s