[ NNSquad ] Congress Will Auction Public Airwaves to Pay for Benefits

[Lauren Weinstein <lauren@vortex.com>]

Congress Will Auction Public Airwaves to Pay for Benefits

http://j.mp/yzFxak  (New York Times)

    "The need for revenue to partly cover the extension of the payroll tax
     cut and long-term unemployment benefits has pushed Congress to embrace
     a generational shift in the country's media landscape: the auction of
     public airwaves now used for television broadcasts to create more
     wireless Internet systems."
     ...
    "The measure would be a rare instance of the government compensating
     private companies with the proceeds from an auction of public 
     property - broadcast licenses - once given free."

 - - -

The devil is in the details.

--Lauren--
NNSquad Moderator
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