Biden announces $42 billion high-speed internet initiative

3 years ago by YoBuckStopsHere to c/politics

More than 7% of the country, or more than 8.5 million homes and small businesses, is considered underserved, with internet speed below government standards.

President Joe Biden is kicking off a more than $42 billion plan to give every American household access to high-speed internet by 2030. The initiative is the next stage of Biden’s push to invest in America ahead of his reelection bid. White House officials compared the plan to Franklin D. Roosevelt’s effort to bring electricity to rural America in the 1930s.

aphonefriend 88 points 3 years ago

Let's see how much of this money goes into the major ISPs pockets like last time.

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EeeDawg101 12 points 3 years ago

Yep it seems like once a decade this same thing plays out. Billions of dollars are spent by the feds to push for broadband, nothing actually happens except the funds get sucked up by the ISPs who claim it wasn’t enough for them to do any meaningful push for expansion.

The only way I see something like this working is if the federal government started their own ISP and did it themself. Of course that would be ripe for corruption too. Maybe if they setup a trust with specific rules that couldn’t be broke in terms of profits earned.

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arin 5 points 3 years ago

Never enough cocaine 🐽

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wolfshadowheart 4 points 3 years ago

Maybe AT&T will pay out of pocket until the money they already got is used to actually lay down fiber lines.

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its_ur_funeral 24 points 3 years ago
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heili 19 points 3 years ago

Have we, the taxpayers, not already paid billions upon billions to these telcos to do exactly this already?

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YoBuckStopsHere 6 points 3 years ago

A few times now.

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Macabre 17 points 3 years ago

I would be fine with this if the stipulation was breaking up the ISPs. We really need the federal government to bring down the trust busting hammer.

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Ech 16 points 3 years ago

Not even a half measure to where we should be already. "High Speed" Internet is considered anything over 25 Mbps. That's pitiful.

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WeDoTheWeirdStuff 15 points 3 years ago

Oh, again? They should structure it to pay for results, not just handouts to "build infrastructure."

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Cruxifux 14 points 3 years ago

Yes but this is America we’re talking about, the goal isn’t to actually improve anything, it’s to filter money from the working class to the elites through the government.

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stephfinitely 12 points 3 years ago

Here we go again.

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wabafee 5 points 3 years ago

Oh boi money, money, money, ISP who has monopoly on their respective areas probably.

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guyman 9 points 3 years ago

Yay, more taxpayer money to maximize profits for businesses.

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MiddleWeigh 8 points 3 years ago

Oh that's a pretty bold obvious move.

I went years with no internet. It's largely impossible today.

If you build up a system and make it necessary, give the people the means.

Now let's see who profits.

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quortez 8 points 3 years ago

How about you connect some 'internet deserts' up? No one deserves to be stuck with less than 25Mbps, let alone the pitiful 250Kbps some remote people are lucky to get.

And guarantee every citizen a minimum of 25Mbps for free while you're at it (completely pie in the sky, but I can dream)

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what 6 points 3 years ago

And it needs to actually be 25Mbps. Not advertised speed, but actual speed. Ideally up and down.

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Tb0n3 7 points 3 years ago

Great as long as everybody gets at least symmetric gigabit with no data caps.

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Invalid 4 points 3 years ago

More than 7% of the country, or more than 8.5 million homes and small businesses, is considered underserved, with internet speed below the government’s standards of at least 25 megabits per second for downloads and 3 Mbps for uploads.

8x slower than the national average according to Ookla... glad to see these fogies are keeping up with the times and using our resources wisely.

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artisanrox 4 points 3 years ago

USA: has multi billion dollar companies

also USA: gives them lots more money

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I_Miss_Daniel 2 points 3 years ago

How many starlink satellites would that buy?

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