Biden announces $42 billion to expand high-speed internet access
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The funding — a centerpiece of the recent bipartisan infrastructure law — marks the largest-ever federal push to help an estimated 8.5 million families and businesses.
The money, which the government plans to parcel out to states over the next two years, is the centerpiece of a vast and ambitious effort to deliver reliable broadband to the entire country by 2030 — ensuring that even the most far-flung parts of the United States can reap the economic benefits of the digital age.
In a formal unveiling at the White House, the president likened the new infrastructure project to the government’s work to electrify the nation’s darkened heartland in the late 1930s, when nearly 90 percent of farms had no electric power in the face of high costs and prohibitive terrain.
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