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Broadband Technology: Promoting Innovation and Economic Security

President Bush has called for universal, affordable broadband access by 2007, and endorsed policies to create economic incentives for broadband deployment, as well as remove regulatory barriers to deployment. The overarching goal of these initiatives is to lower broadband costs to Americans to increase its use and availability.

A New Generation of American Innovation touts the President’s accomplishments in this area, including signing into law the President’s jobs and growth package, which allows companies to depreciate capital expenditures more quickly; and signing a two-year extension of the Internet tax moratorium. The President also has called for a permanent ban on Internet access fees. These actions had long been called for by leaders in Congress and the technology industry, and represent very small steps toward the President’s ambitious goal of universal access by 2007.

In the regulatory arena, the President reiterated his support for the Federal Communications Commission’s decision to free new fiber-to-the-home investments from legacy regulations. The President also signed an Executive Memorandum implementing Federal rights-of-way reforms to simplify and standardize the process for broadband providers to obtain access to Federal lands to build broadband infrastructure.

Finally, the President reiterated support for R&D funding to help lay the foundation for advances in broadband technologies. In FY 2005, the Administration has proposed $2 billion in funding for the National Information Technology Research and Development (NITRD) program. In addition, as previous Presidents and Congressional leaders have, President Bush has proposed making the Research and Experimentation tax credit permanent.

For more information on any of these Administration initiatives, and how they may affect your organization, please contact us at info@techvision21.com or (202) 263-0168.

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