Pres. Biden announced how $42.5 billion will be distributed to expand high-speed internet access across the U.S.
June 26, 2023, 2:39 PMPresident Joe Biden looks on during a high-speed internet infrastructure announcement in the East Room of the White House, June 26, 2023.President Joe Biden on Monday announced how $42.5 billion fromhe championed will be distributed to expand high-speed internet access across the country.
"For today's economy to work for everyone, internet access is just as important as electricity or water or other basic services," he said. On Wednesday, he is scheduled to deliver what the White House is billing as a major speech on "Bidenomics" – what his advisers have labeled his economic philosophy of investing in the middle class.It's an attempt to rebrand a message Biden has repeated time and time again on the 2020 campaign trail and as president.
Biden's chief of staff has likened the push to President Roosevelt's Rural Electrification Act, which delivered electricity to farming families across the country, saying that decision "helped transform rural America." "[It's] a small family farm in the Midwest trying to buy and sell things online but can't because they don't have internet. It's a small business, or even think about a restaurant or a shop, you know, not having the internet," she said. "It really holds people back. It's millions of kids who can't do their homework online.
High-speed internet service is unavailable in about 8.5 million locations in the United States, or about 7% of the country, according to the Federal Communications Commission.States learned Monday how allocations will work, with every state, Washington, D.C., and Puerto Rico receiving at least $100 million, according to the Biden administration.
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