The funny part is the USF:
Federal Universal Service Fund (USF) Structure: Doesn’t support broadband deployment and adoption despite over $7 billion spent to subsidize telecommunications annually.
- The majority of USF funding supports affordable phone service, not broadband.
- The four USF programs -- high-cost support for rural phone service, support for advanced services in schools and libraries, support for phone service to low-income families, and rural health care support -- are not coordinated to maximize deployment opportunities to fill broadband gaps.
- High-cost funding mechanism rewards inefficiency, and funding not determined by broadband needs.
- An unsustainable funding mechanism and increased demands for support have doubled the amount paid by consumers since 2000.
- Accountability is limited for use of high-cost fund for broadband support.
My notes: as traditional telco revenues and LD revenues decrease, USF contribution percentage must increase even more than the current 12%. It's too much.
Also, if $7B per YEAR can't solve Broadband and Telephony issues in the US, how is a one-time money grabbing program going to fix anything?