by Cyrus Farivar
In the American Recovery and Reinvestment Act of 2009, recently enacted by Congress, many details regarding the allocation of funds for high-tech projects remain blurry. Nevertheless, the nation’s tech community appears to be encouraged by the $7.2 billion provision for broadband in the near $789 billion economic stimulus package signed into law by President Barack Obama earlier this week. Many observers believe that the allocation is a clear first step toward establishing a nationwide broadband strategy.
Officially known as “Title VI–Broadband Technology Opportunities Program,” the $7.2 billion in broadband stimulus money accounts for less than 1 percent (and only five pages) of the entire package. Its purpose is to spur broadband growth in underserved areas of the country.
