politics English • 1 year ago

Biden announces $42 billion high-speed internet initiative

www.cnbc.com

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Biden announces $42 billion high-speed internet initiative

www.cnbc.com

@YoBuckStopsHere to

politics English • 1 year ago

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.

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