$1.2 Trillion Senate Bipartisan Infrastructure Proposal Includes $65B for Broadband, Spectrum Auction Pay-For

摘要

The $1.2 trillion infrastructure agreement announced June 24 by a bipartisan group of 10 senators and the White House includes $65 billion for broadband infrastructure, and some of the funding for the overall package could come from 5G spectrum auction revenues, as well as from private-public partnerships and from state and local investment in broadband infrastructure, the White House said.During a press conference on the agreement, President Biden said, "Neither side got everything they wanted in this deal," adding that it "reflects consensus." "We're in a race with China and the rest of the world for the 21st century," the president said, emphasizing the importance of infrastructure in that race.In a floor statement the same day, Senate Majority Leader Chuck Schumer (D., N.Y.) reiterated his intention that the Senate will "move forward on multiple legislative proposals to make historic investments in our nation's infrastructure. And when we say that, we mean both types of infrastructure: the concrete and steel, that kind of infrastructure, the physical infrastructure. But also the human infrastructure, so that we can maximize the potential of our people, which after all, is our greatest resource."He added, "So we are pursuing on multiple paths. We are making two tracks. The first legislative track is bipartisan. The second track will incorporate elements of the American Jobs and Families plan and will be done through the budget process, which must pass even if it is not bipartisan."