US Broadband Bill Disappoints Nearly Everyone

Critics say there’s not enough money in the bill and that distributing funds through grants instead of tax credits will hamper job creationThe initial stab by the U.S. government to promote high-speed Internet access has something to disappoint nearly everyone.Most communications companies and consumer advocacy groups say the $6 billion in broadband stimulus measures contained in the House Democrats’ $825 billion economic recovery package are a good first step. But they warn that the money won’t be nearly sufficient to meet incoming President Barack Obama’s objective of providing affordable high-speed Internet access to all U.S. households.To read this BusinessWeek report in full, see:
www.businessweek.com/technology/content/jan2009/tc20090116_733609.htm