Nationwide internet: Biden administration to release $45B for high-speed service

[ad_1]

The Biden administration is taking the first steps to releasing $45 billion to ensure that every resident has the access to high-speed internet by the end of the decade. 

Governors and other leaders were invited to start applications on Friday.

BIDEN FCC NOMINEE PROMPTS NEW QUESTIONS ON RURAL INTERNET ACCESS

“[There are] more than 30 million Americans who don’t have internet,” Commerce Secretary Gina Raimondo, who is overseeing the distribution under the Department of Commerce’s National Telecommunications and Information Administration (NTIA), said. “And, in this day and age without high-speed internet, you can’t go to school, can’t go to the doctor, can’t do simple things. Think of how many times in a day you Google something or go online.”

The funding is part of the $65 billion for broadband in the $1 trillion infrastructure package that President Biden signed into law last November.

Commerce Secretary Gina Raimondo

Commerce Secretary Gina Raimondo speaks during the daily briefing at the White House in Washington, Tuesday, Nov. 9, 2021.  (AP Photo/Susan Walsh / AP Newsroom)

The department’s broadband money comes from three programs: the $42.5 billion Broadband Equity, Access, and Deployment (BEAD) Program; the $1 billion Enabling Middle Mile Broadband Infrastructure Program; and State Digital Equity Act programs that add up to $1.5 billion.

To participate in the $45 billion “Internet for All” initiative, governors and other eligible entities must submit a letter of intent and a planning funds budget, which will unlock $5 million in planning funds. 

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Each participating state is guaranteed a minimum $100 million allocation, with additional funding determinations made based on the forthcoming coverage maps from the Federal Communications Commission (FCC). 

According to rough estimates from the Commerce Department, the average payment would be closer to $800 million.

The department said the programs would build internet infrastructure, teach digital skills and provide necessary technology to Americans. 

CLICK HERE TO READ MORE ON FOX BUSINESS

“You know, the need for high-speed Internet is — is a little bit like what used to be probably what my grandfather talked about: needing to have a telephone. It’s pretty consequential. And, it’s only going to keep growing, this need. High-speed Internet is not a luxury any longer, it’s a necessity,” Biden told reporters last week.

The Associated Press contributed to this report.

[ad_2]

Source link

Related Posts

The Internet: A Web of Infinite Possibilities

Introduction & Background The Internet has transformed from a niche military research project into the backbone of modern civilization. Born in the late 20th century as a tool for scientists…

The Future of Internet Technology: How AI is Shaping the Digital Revolution

Introduction & Background The internet has transformed from a simple network of computers into a global platform that powers economies, connects societies, and redefines human interaction. Today, artificial intelligence (AI)…

You Missed

Future Tech Frontiers: Where AI, Quantum Computing, and Beyond Are Shaping Tomorrow

Future Tech Frontiers: Where AI, Quantum Computing, and Beyond Are Shaping Tomorrow

The Internet: A Web of Infinite Possibilities

The Internet: A Web of Infinite Possibilities

AI-Powered Life: How Tomorrow’s Tech is Reshaping Our World Today

AI-Powered Life: How Tomorrow's Tech is Reshaping Our World Today

The Quantum Leap: How Computers Are Reshaping Tomorrow

The Quantum Leap: How Computers Are Reshaping Tomorrow

The Art of Crypto Trading: Mastering the Digital Gold Rush

The Art of Crypto Trading: Mastering the Digital Gold Rush

Revolutionizing Efficiency: Cutting-Edge Software Solutions for a Smarter Future

Revolutionizing Efficiency: Cutting-Edge Software Solutions for a Smarter Future