HardOCP News
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- Dec 31, 1969
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The new stimulus bill includes $7.2 billion for broadband grant and loan programs. Hopefully they use the money wisely because $7.2B for broadband is about $25 each for every man woman and child in this country.
The bulk of the funds directed at broadband--$4.7 billion--will be distributed through a program run by the Commerce Department, while $2.5 billion will fall under the jurisdiction of the Agriculture Department, giving particular emphasis to broadband deployment in rural areas.