Biden Administration Allocates $42B for Nationwide High-Speed Internet Expansion

The Biden administration announced it will distribute over $42 billion to US states and territories for building internet access.
The initiative aims to ensure even the most rural communities can benefit from the digital age and close the digital divide.
President Biden reaffirmed his pledge that every household in the nation would be connected to the internet by 2030.
The funding will be overseen by the Commerce Department and will include more than $40 billion for the Broadband Equity Access and Deployment Program.
The investment in internet infrastructure is part of an Administration-wide effort to boost the President's standing and economic vision.