Government Makes $4 Billion 'Down Payment' on Project to Expand Rural Broadband
| July 2, 2009 |  View for printing |
Vice President Biden yesterday announced guidelines for $4 billion in stimulus funds to expand high-speed Internet access across the nation, jump-starting a program that has been criticized for taking too long to get off the ground.
The first round of grants and loans is part of a total $7.2 billion in funds for expanding broadband networks tucked into the $787 billion fiscal stimulus package signed by President Obama in February. The administration has touted the expansion of broadband access as a way to quickly create jobs during a stubborn recession.
By Cecilia Kang Washington Post Staff Writer
Full Story: http://www.washingtonpost.com/wp-dyn ... 103563.html
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