Guns or butter and guns are winning... M -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Richard Lowenberg Sent: Thursday, August 12, 2010 10:41 AM To: [email protected] Subject: [1st-mile-nm] NTIA Broadband Stimulus Funding Cut By $302 Million
NTIA Broadband Stimulus Funding Cut By $302 Million Amount rescinded to help free up money to pay teachers By John Eggerton -- Broadcasting & Cable, 8/11/2010 www.broadcastingcable.com/article/455927-NTIA_Broadband_Stimulus_Funding_Cut _By_302_Million.php?rssid=20065 The National Telecommunications & Information Administration will have $302 million less in broadband stimulus grant money to give out by the end of next month, about 10% of what it still has left to hand out in the next six weeks. That comes after that amount was rescinded from the BTOP (Broadband Technology Opportunities Program) to help free up money to pay teachers. NTIA is giving out $4.7 billion in grant money for broadband deployment and adoption. It is in the second round of funding and has to finish giving out the money by the end of next month. As of July 2, NTIA had given out 113 grants totaling approximately $1.6 billion, so it has more than $3 billion to give out by its Sept. 30 statutory deadline. House members returned this week to pass HR 1586, which will help pay for potentially hundreds of thousands of education jobs that were at risk in cash-strapped state budgets as the new school year approached, according to the House Education and Labor Committee. Congress is not slated to return until mid-September, after most school bells would have rung in the new academic year. NTIA was just one of many agencies to have to take a cut in funds to help pay the teachers. Others having to share the load included the Departments of Defense and Agriculture, the Park Service, and ironically, the Department of Education. The bill was passed Tuesday and signed by the president. The White House says the bill prevented up to 160,000 teacher layoffs. -------- The NTIA BTOP is currently expected (not certain) to make a substantial number of award announcements next week. There are about 15 NM projects that applied for Round Two BTOP funding. Stay tuned. RL ------------------------------------------------------------ Richard Lowenberg P. O. Box 8001, Santa Fe, NM 87504 505-989-9110 off.; 505-603-5200 cell ------------------------------------------------------------ 1st-Mile Institute www.1st-mile.com ------------------------------------------------------------
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