U.S. Spending Over $42 Billion To Make Internet Access Universal
Universal access to the internet is being made possible due to the U.S. spending over $42 billion dollars to insure it. This funding will go to all 50 states and is being made possible through the Bipartisan Infrastructure Law.
According to Fox Business, in what the White House said was the largest internet funding announcement in history, the Department of Commerce announced funding for all 50 states, the District of Columbia and U.S. territories.
“It’s the biggest investment in high-speed internet ever. Because for today’s economy to work for everyone, internet access is just as important as electricity, or water, or other basic services,” Biden said in a White House address on Monday.
The money — a $42.45 billion grant program created in the Bipartisan Infrastructure Law — funds high-speed internet infrastructure deployment through the Broadband Equity Access and Deployment program.
Awards range from $27 million to more than $3.3 billion, with every state receiving a minimum of $107 million.
