FCC and FTC Budgets Advances in Senate

The Senate Appropriations Subcommittee on Financial Services and General Government approved its FY2020 spending bill which includes:

• $339 million for the Federal Communications Commission, which is offset by regulatory fees and equal to the enacted level.  The bill also provides $132.5 million for the spectrum auctions program.
• $312.3 million for the Federal Trade Commission, which is $2.6 million more than the FY2019 enacted level and equal to the FY2020 budget request.