President Joe Biden will today announce the details of how $42 billion in funding to bolster broadband internet access will be allocated. The investment, which was funded by the 2021 Bipartisan Infrastructure Law, aims to give all Americans access to high-speed internet by 2030.Last year, the White House announced an initiative that would allocate at least $100 million to participating states through the Broadband Equity, Access and Deployment (BEAD) Program. The remainder of the funding was on hold until the Federal Communications Commission (FCC) drew up a more detailed coverage map showing which homes and businesses lacked high-speed internet access. The funding will be allocated based on the map.The FCC released its first draft of the overhauled map, which incorporates more granular data, in November. Still, politicians on both sides of the aisle were concerned it left out millions of businesses and homes and urged the White House to delay the broadband funding efforts until issues were resolved.After tak
