That’s $65 billion we don’t have, BTW. And we wonder why inflation is through the roof and the stock market is collapsing.
Monday’s news come largely thanks to $65 billion set aside for high speed internet in the Bipartisan Infrastructure law. That money has helped fund the ACP and is also being directed towards parallel efforts to increase coverage areas and speeds.
Families are eligible for the ACP mostly based on income level. Any household making less than 200% of the Federal Poverty Level — $55,500 for a family of four in the continental U.S. — is eligible. Households can also qualify if they participate in certain government programs like Medicaid or Supplemental Security Income.
In the fine print, participants are agreeing to allow the federal government’s Ministry of Truth to filter their internet to eliminate disinformation. Just kidding… they already do that.