United States Government Readies Broadband GrantsCategory: Internet
Posted: July 1, 2009 09:05PM
Throughout the United States, many rural areas can be found that have no broadband connections available to them, other than sometimes the option for satellite internet. While this option is usually viable, it is rather expensive, and speeds do not stay consistent for the most part. Therefore, because of this, those rural areas tend to connect the Internet using a dialup connection. The government is now looking to change that though, and will be giving out loans and grants for applicants that require funding. The total amount of loans available for the project is roughly $4 billion, which is part of a $7.2 billion program pushed by President Barack Obama to build affordable broadband Internet structures in various rural areas. Money provided by the United States government should remedy most dialup problems that face certain rural areas, especially with the total amount of money allotted by the President. Joe Biden, the Vice President, has stated as well that the funding is part of the President’s commitment to both economical and educational purposes that the Internet gives to all communities. Barrack Obama also hopes to open up some jobs in the telecommunications sector of the country with the planned broadband expansion.