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The recently-enacted One Big Beautiful Bill Act (OBBBA) will increase borrowing by $4.1 trillion through 2034 on a conventional basis, according to new estimates from the Congressional Budget Office (CBO). This includes $5.9 trillion of tax cuts and spending increases, $2.5 trillion of offsets, and over $700 billion of interest costs. On a permanent basis, we estimate the law will add over $5.5 trillion to the debt through 2034.
Arielle Roth has been confirmed by the U.S. Senate to lead up the National Telecommunications and Information Administration (NTIA).
Hello, and welcome to Decoder! This is Jon Fortt, CNBC journalist, cohost of Closing Bell: Overtime, and creator of the Fortt Knox streaming series on LinkedIn. I’m guest-hosting for a couple more episodes of Decoder this summer while Nilay is out on parental leave. Click headline to read more of the transcript or listen to the podcast--
A California lawmaker reportedly dropped her push to cap charges for low-income subscribers after the state's BEAD funds were threatened.
A bill authored by Rep. Greg Casar (D-TX) would stop companies from setting individualized prices and wages based on spy dossiers they assemble on Americans.
America is about to choose between broadband that’s good enough today, or infrastructure that can underpin the future of the U.S. economy. With the final rules out for the reformed Broadband Equity, Access, and Deployment (BEAD) Program, states have 90 days to rerun their broadband selection processes. One of the biggest changes is that fiber is no longer defined as the preferred technology. In its place is a “technology-neutral” approach that, at first sight, favors the cheapest bids, opening the door to alternative technologies, with low-earth orbit satellite (LEO) slated to be a big winner. Far from representing a prudent fiscal shift, we’ve argued that fiber’s resilience and long-term value make it a better investment for most communities. And when we look beyond residential access to consider broadband’s role in powering industry, innovation, and economic competitiveness, the limits of LEO become clearer still. Foundational for Economic Development Any business considering where to open a branch, build a factory, or expand operations looks for high-speed broadband. Ask any economic development leader to name their top priorities, and fiber connectivity will almost certainly be near the top.
Continuing to Connect Wisconsin: Strategies for Statewide Broadband Access As the nationwide broadband expansion accelerates under the federal BEAD (Broadband Equity, Access, and Deployment) program, Wisconsin is emerging as a model of efficiency and commitment—facing unique geographic challenges, underserved locations, and a tight budget with strategic precision. In a recent…
U.S. | Assuming deployments go according to plan, New Street projects operators to reach a combined 139 million total passings by the end of the decade.
New tools from OpenAI and Perplexity can browse the web for you. If the idea takes off, these generative AI agents could turn the internet into a ghost town where only bots roam.
The ‘Benefit of the Bargain’ round is underway in 48 states and territories
Infostealer data can include passwords, email and billing addresses, and the embarrassing websites you use. Farnsworth Intelligence is selling to divorce lawyers and other industries.
A California resident can proceed with a privacy claims against Motorola over allegations that it failed to honor his request to reject tracking cookies.
Axel Springer, owner of Politico, Business Insider, Bild and Welt, is going all in on artificial intelligence (AI). “Nobody in the company has to explain in the company why she or he is using AI to do something — whether to prepare a presentation or analyze a document,” said CEO Mathias Döpfner during an hour-long all-employee meeting last week, Status reports. “You only have to explain if you didn’t use AI. That’s really something you have to explain because that shouldn’t happen.” Döpfner also lauded the development of AI.
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Three Michigan-based companies have completed a 90-mile underground fiber optic route linking Southfield to Lansing.
A movement that wanted to merge North America into one nation and extend its borders as far as the Panama Canal might sound incredibly familiar. But this group, called the “technocracy movement”, was a group of 1930s nonconformists with big ideas about how to rearrange US society. They proposed a vision that would get rid of waste and make North America highly productive by using technology and science. The Technocrats, sometimes also called Technocracy Inc, proposed merging Canada, Greenland, Mexico, the US and parts of central America into a single continental unit. This they called a “Technate”. It was to be governed by technocratic principles, rather than by national borders and traditional political divisions. These ideas seem to resonate with some recent statements from the Trump administration about merging the US with Canada. Meanwhile, the US Department of Government Efficiency (Doge) set up by Trump and led by tech billionaire Elon Musk, has also outlined a vision of efficiency cuts by slashing bureaucracy, jobs and getting rid of leaders of organisations and civil servants he thinks are advancing “woke” values (such as diversity initiatives). This slash-and-burn approach also fits with some of the ideas of the Technocrats. In February, Musk said: “We really have here rule of the bureaucracy as opposed to rule of the people — democracy”. The Technocrats viewed elected politicians as incompetent. They advocated replacing them with experts in science and engineering, who would “objectively” manage resources for the benefit of society. “The people voted for major government reform, and that’s what the people are going to get,” Musk told reporters after visiting the White House last month.
T-Mobile is rolling out its Starlink-powered satellite service, T-Satellite, which will let customers with supported devices send text messages and share their location without cellular service.
Yes, generative AI is transformational. Will it eliminate most entry-level jobs? That depends. Will we continue to demand excessive returns on capital? If so, then we're in trouble.
When Howard Lutnick moved to Washington, earlier this year, to become the Secretary of Commerce, he painted one wall in his new living room gold. It was the only significant modification he made to the house, a château-style mansion purchased for twenty-five million dollars from the Fox News anchor Bret Baier. On a recent Sunday afternoon, Lutnick was in the living room, flipping through a commemorative coffee-table book designed by his family which pairs photographs of him with some of his favorite sayings. “It’s between me and the mirror,” one read. He turned the page: “You are either in or you are out.” Lutnick’s dog, a Havanese-poodle mix named Cali—three of his four children went to college in California—kept nosing her way through a gate to come sit with us. Lutnick was about to fly to London for a round of trade negotiations with China, whose restrictions on the sale of rare-earth metals were threatening to render parts of the American economy nonfunctional. Several suitcases were packed and waiting in the entryway, next to a gold Pop-art sculpture by Robert Indiana that spelled the word “LOVE.” Later, Lutnick led me from room to room to point out a few more works from his personal collection: Rothko, Diebenkorn, Lichtenstein, de Kooning.
Congress Needs to Examine the Actions and Failure of the FCC to Protect the Public. READ THE FULL REPORT:
INTRODUCTION RE: The FCC conducted an Open Meeting June, 27, 2025 that was dedicated, in large part, to the strip mining of consumer protection rules and regulations governing cable services, including removing those pesky, burdensome rate regulations, regulations on the equipment, and even an elimination of the forms and accounting to determine rates. And this is tied to Chairman Carr’s “Delete, Delete, Delete”. Watching the video of Chairman Carr, the new Republican Commissioner, Olivia Trusty, and a collection of staff with titles like “Media Bureau Attorney Advisor”- at the end of the segment on Cable Deregulation — This should be called Nightmare on “L” Street. WHAT ARE THE PRIMARY ISSUES?
The US system to track vulnerabilities is struggling to keep up with its backlog. Experts are scrambling to assemble alternatives.
A subsidiary of Cantor Fitzgerald, which is run by the sons of US commerce secretary Howard Lutnick, is letting clients essentially bet that President Donald Trump’s tariffs will be struck down in court.
PHOENIX, AZ (July 22, 2025) – Today, local internet and government partners announced a milestone to expand broadband access and connectivity in Arizona.
eX² Technology, a Vivacity company and a single source solution for those seeking to build, scale or future proof their communications infrastructure, in partnership with the Arizona Department of Transportation (ADOT) and the Arizona Commerce Authority (ACA), successfully executed the first dark fiber Indefeasible Right of Use agreement along ADOT’s I-17 right of way. As part of the Arizona Statewide Middle-Mile Program, the significant dark fiber Indefeasible Right of Use transaction marks a meaningful step forward in leveraging public infrastructure to deliver long-term, high-capacity connectivity across the State of Arizona.
The Supreme Court has agreed to hear a case that will determine if ISPs are required to terminate broadband service for customers who are accused of copyright violations. The suit is a result of a longstanding dispute between Cox Communications and music labels, including Sony Music Entertainment. The Supreme Court case stems from a series…
Personally identifiable information has been found in DataComp CommonPool, one of the largest open-source data sets used to train image generation models.
"The removal of Ms. Slaughter was blatantly unlawful," U.S. District Court Judge Loren AliKhan in Washington, D.C. wrote in a ruling issued late Thursday. The Justice Department is appealing.
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Scoop.it!
