06/26/2023

Biden Announces $42 Billion to Expand High-speed Internet Access

This marks the largest-ever federal push to help nearly 8.5 million families

On Monday, the Biden administration announced more than $42 billion in new federal funding to expand high-speed internet access nationwide, commencing the largest-ever campaign to help an estimated 8.5 million families and small businesses finally take advantage of modern-day connectivity.

The money, which the government plans to parcel out to states over the next two years, is the centerpiece of a vast and ambitious effort to deliver reliable broadband to the entire country by 2030 — ensuring that even the most far-flung parts of the United States can reap the economic benefits of the digital age.

In a preview of Biden's planned remarks, White House officials likened the new infrastructure project to the government’s work to electrify the nation’s darkened heartland in the late 1930s, when more than 90 percent of farms had no electric power in the face of high costs and prohibitive terrain.

Please select this link to read the complete article from The Washington Post.