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Most Recent PostsWalden on the “JOBS Act”
Yesterday, Rep. Greg Walden announced a draft bill aimed at easing America’s looming spectrum crunch. He also took to the pages of The Hill with an op-ed breaking down the benefits of his bill:
The JOBS Act will advance wireless broadband service, spur billions of dollars in private investment, create thousands of jobs, help bring interoperable broadband communications to public safety officials, and reduce the deficit by approximately $15 billion.
The amount of data delivered over wireless networks alone last year was three times higher than the traffic on the entire Internet in 2000. And as American consumers’ demand for wireless Internet grows with the expansion of smartphones and tablets, so does the need for more broadband.
The JOBS Act provides additional broadband spectrum and authorizes the Federal Communications Commission to conduct incentive auctions. Incentive auctions give the FCC the flexibility to promote more efficient use of spectrum by sharing a portion of auction proceeds with current licensees that are willing to return their licenses to the Commission for re-auction.
Rep. Walden’s full op-ed is worth checking out.
