The biggest Internet service providers will dominate a $42.45 billion broadband grant program unless the Biden administration changes a rule requiring grant recipients to obtain a letter of credit from a bank, according to a joint statement from consumer advocacy groups, local government officials, and advocates for small ISPs.

The letter sent today to US government officials argues that “by establishing capital barriers too steep for all but the best-funded ISPs, the LOC [letter-of-credit requirement] shuts out the vast majority of entities the program claims to prioritize: small and community-centered ISPs, minority and women-owned ISPs, nonprofits, and municipalities.”

The rule is part of the Broadband Equity Access and Deployment (BEAD) program that’s being administered by the National Telecommunications and Information Administration (NTIA).

  • HubertManne
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    61 year ago

    That is total BS. Biden has more specifically than any president I have encountered so far and I was quite surprised with it. Besides the inflation reduction act there is the no surprises act is huge for me. The IRS implementing a tax return system which is directly opposed to a large corporate lobbying effort that has been going on for decades. Much like the no surprises came in quietly I noticed it and there has been some others I can’t recall atm but I like what biden has done in his first term.

    • @Serinus
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      11 year ago

      I don’t know. That dude does know a lot about shills.

    • @[email protected]
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      01 year ago

      Biden was against giving rail workers 1 day per year of sick time.

      Get your head out of corporate media’s ass.

      • HubertManne
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        21 year ago

        yeah if I voted based on a candidate having nothing. nothing at all that I disagreed with. well then I would not vote as no candidate could pass muster. And I will always vote even if the options are limited.

          • HubertManne
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            11 year ago

            where exactly did I defend it? Its just not enough for me to have the next trump/bush/whatevercrazy do way worse.

        • @[email protected]
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          -11 year ago

          I’m would be happy with one policy decision I actually agree with. Biden hasn’t done even this.

          You are highly misinformed and brainwashed by your media. I know it’s difficult to see but it’s true.

          • HubertManne
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            11 year ago

            Dude. I have had an anesthia bill this last year that I could point to the law that it has to go through insurnace. I have my own and its a reality that actually effected my life. Throwing out misinformed and brainwashed and media as buzz words does not change reality.