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Government Makes $4 Billion ‘Down Payment’ on Project to Expand Rural Broadband

Vice President Biden yesterday announced guidelines for $4 billion in stimulus funds to expand high-speed Internet access across the nation, jump-starting a program that has been criticized for taking too long to get off the ground.

The first round of grants and loans is part of a total $7.2 billion in funds for expanding broadband networks tucked into the $787 billion fiscal stimulus package signed by President Obama in February. The administration has touted the expansion of broadband access as a way to quickly create jobs during a stubborn recession.

By Cecilia Kang
Washington Post Staff Writer

Full Story: http://www.washingtonpost.com/wp-dyn/content/article/2009/07/01/AR2009070103563.html

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