Biden's push for high-speed internet for all could lose funding soon
Newsy
The Affordable Connectivity Program has used $14.2 billion to subsidize internet costs for low-income families. Now it's about to expire.
A key subsidy that helps low-income households access broadband internet is set to expire later this year, threatening President Joe Biden's plans to provide internet access for every American.
The Affordable Connectivity Program has used $14.2 billion to pay some of the costs for qualifying low-income and tribal households to connect to high-speed internet.
Households at or below 200% of the federal poverty level can receive $30 a month to offset connection costs, while households on tribal land can receive up to $75 per month.
By some analyses, the program also makes it more likely that providers will commit to the costs of expanding their infrastructure into underserved areas.
But the program is funded by Congress, and if it is not extended past its current April 2024 deadline, it will run out of money.
