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US to spend $42 billion to make internet access universal by 2030

  By [14]Jeff Mason and [15]Jarrett Renshaw
  June 26, 20237:05 PM UTCUpdated ago
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  WASHINGTON, June 26 (Reuters) - The White House on Monday divvied up
  $42 billion among the nation's 50 states and U.S. territories to make
  access to high-speed broadband universal by 2030, as it launched a new
  publicity campaign for President Joe Biden's economic policies.

  The funding under the Broadband Equity Access and Deployment Program
  was authorized by the $1 trillion 2021 [16]infrastructure law Biden
  championed. The spending will be based on a newly released [17]Federal
  Communications Commission coverage map that details gaps in access.

  Texas and California - the two most populous U.S. states - top the
  funding list at $3.1 billion and $1.9 billion, respectively. But other,
  less populous states like Virginia, Alabama and Louisiana cracked the
  top 10 list for funding due to lack of broadband access. These states
  have large rural areas with less internet connectivity than their major
  cities.

  "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 awards range from $27 million to U.S. territories like U.S. Virgin
  Islands to over $3.3 billion for Texas, with every state receiving a
  minimum of $107 million.
  Reuters Graphics
  Reuters Graphics
  U.S. President Joe Biden announces program for high-speed internet
  infrastructure deployment, in Washington
  U.S. President Joe Biden announces program for high-speed internet
  infrastructure deployment, in Washington
  U.S. President Joe Biden announces program for high-speed internet
  infrastructure deployment, in Washington
  U.S. President Joe Biden announces program for high-speed internet
  infrastructure deployment, in Washington
  U.S. President Joe Biden announces program for high-speed internet
  infrastructure deployment, in Washington
  U.S. President Biden speaks during jobs and infrastructure event at
  White House in Washington
  Broadband is installed in Kentucky
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  [1/7]U.S. President Joe Biden announces a $42.45 billion national grant
  program for high-speed internet infrastructure deployment called the
  Broadband Equity Access and Deployment (BEAD) program, at the White
  House in Washington, U.S., June 26, 2023. REUTERS/Jonathan Ernst
  (BUTTON) (BUTTON)

  The announcement kicks off the second leg of Biden's tour highlighting
  how legislation passed when his Democratic Party controlled Congress
  will affect average Americans, as his 2024 re-election bid gears up.

  As part of the sales pitch, Biden is also set to give what White House
  officials describe as a [18]major economic speech on Wednesday in
  Chicago, laying out so-called "Bidenomics," according to a memo on
  Monday from senior advisers Anita Dunn and Mike Donilon to
  congressional Democrats and other allies.

  The 2024 election will in part be seen as a referendum on Biden's
  handing of the economy. Job creation and low unemployment are the
  positives while elevated inflation and the knock-on effect of higher
  interest rates have stoked fears of a recession.

  More than half - 54% - of Americans disapprove of how Biden is handing
  his job, while just 35% of respondents approved of his stewardship of
  the economy, according to a Reuters/Ipsos poll conducted earlier this
  month. Democrats lost control of the House of Representatives in the
  2022 midterm elections.

  The administration estimates there are some 8.5 million locations in
  the U.S. that lack access to broadband connections.

  Broadband companies such as Verizon [19](VZ.N), Comcast [20](CMCSA.O),
  Charter Communications [21](CHTR.O) and AT&T [22](T.N) have been
  reluctant to provide access to low-population, rural communities
  because the investments are expensive and the regions do not offer a
  lot of subscribers. The lack of broadband access drew attention during
  COVID-19 shutdowns that forced students into online schooling.

  States are expected to submit initial plans later this year that will
  unlock 20% of the funding. Once the plans are finalized, which could
  take to 2025, the government will release the remaining money.
  Reporting by Jeff Mason and Jarrett Renshaw; Additional reporting by
  Trevor Hunnicutt; Editing by Scott Malone, Chris Reese and Lisa
  Shumaker
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  Our Standards: [23]The Thomson Reuters Trust Principles.


  [92786ee2-1dd6-4eef-a334-31b49084d29b.png]


  [24]Jeff Mason

  Thomson Reuters

  Jeff Mason is a White House Correspondent for Reuters. He has covered
  the presidencies of Barack Obama, Donald Trump and Joe Biden and the
  presidential campaigns of Biden, Trump, Obama, Hillary Clinton and John
  McCain. He served as president of the White House Correspondents’
  Association in 2016-2017, leading the press corps in advocating for
  press freedom in the early days of the Trump administration. His and
  the WHCA's work was recognized with Deutsche Welle's "Freedom of Speech
  Award." Jeff has asked pointed questions of domestic and foreign
  leaders, including Russian President Vladimir Putin and North Korea's
  Kim Jong Un. He is a winner of the WHCA's “Excellence in Presidential
  News Coverage Under Deadline Pressure" award and co-winner of the
  Association for Business Journalists' "Breaking News" award. Jeff began
  his career in Frankfurt, Germany as a business reporter before being
  posted to Brussels, Belgium, where he covered the European Union. Jeff
  appears regularly on television and radio and teaches political
  journalism at Georgetown University. He is a graduate of Northwestern
  University's Medill School of Journalism and a former Fulbright
  scholar.
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