Broadband takes a $35 billion hit as lawmakers hash out infrastructure deal
President Joe Biden backed a new $1.2 trillion infrastructure package which would shave $35 billion off the funding total originally proposed for broadband improvements, insisting the lower amount was still enough to connect every citizen to high-speed internet. The bipartisan plan negotiated by Senate leaders includes $65 billion for broadband infrastructure, a steep drop from the $100 billion Biden pitched in March 2021. Little detail was available about how the broadband funds would be spent; analysts at New Street Research speculated some $40 billion could be devoted to grants for state