Original article published at The National Desk.
WASHINGTON (TND) — Millions of American taxpayer dollars are going to high speed internet.
Congress has allocated $65 billion to an “Internet for All” plan that would bring high speed internet to more rural areas.
Open the Books CEO Adam Andrzejewski joined The National Desk’s Jan Jeffcoat to discuss the issue.
“It's $65 billion under the bipartisan infrastructure bill, but add on $25 billion from the American rescue plan as well,” he said. “So there's $90 billion dollars to get American’s connected and it sounds like a laudable plan but when you look under the hood, the spending isn't that great.”
OpenTheBooks uncovered that there are 11 programs from 4 federal agencies with one of these programs designated to rural broadband. Andrzejewski says this is “stupid money being spent.”
“The broadband grants are paid out of the Agriculture Department and that actually makes sense. Here's what doesn't make sense. It's not a good return on taxpayers. It never has been a good return for taxpayers on their investment,” Andrzejewski said.
“In 2019, during the Trump administration, the average cost to hook up a household with internet high speed was $5,000. Under the Biden administration, that has actually escalated the average cost to hookup a household is now $18,000. That actually makes no sense.”