Zoder
join:2002-04-16
Miami, FL | reply to pnh102
Re: NY Times Misses the Point
Was wondering.
Does the money go directly to the treasury or to the FCC for their department to spend? |
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Sr Tech
Premium
join:2003-01-19
New Fairfield, CT | I have all ways wondered my self where the money went.. |
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RadioDoc
58ef2c0
Premium,ExMod 2000-03
join:2000-05-11 | reply to Zoder
It goes directly to the Treasury's general fund. The FCC gets nothing.
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Toolmaster of La Grange. |
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The Folsom
Kindly Shut Your Noise Hole.
Premium
join:2003-01-31
Yucaipa, CA
 ·Verizon FIOS
| reply to Zoder
said by Zoder  :Was wondering. Does the money go directly to the treasury or to the FCC for their department to spend? »wireless.fcc.gov/auctions/defaul···auctions
I found this on the FCC site, "Omnibus..." and "...public benefit..." jump out at me, but I did not investigate further.
/Me thinking the proceeds go into a "General Fund"... this fairly screams, "SLUSH!!!" But I could be wrong...
Cheers and good question... Inquiring minds want to know. 
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"Gimme a 'C'! A bouncy 'C'! There once was a boy from Nantucket whos 'Da Da Da Dee Dee Dee' whatever the hell else you want..." |
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The Folsom
Kindly Shut Your Noise Hole.
Premium
join:2003-01-31
Yucaipa, CA
·Verizon FIOS
| reply to RadioDoc
said by RadioDoc :It goes directly to the Treasury's general fund. The FCC gets nothing. Dammit, RadioDoc, you got in before I could finish my Google! 
As always,
Cheers.
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"Gimme a 'C'! A bouncy 'C'! There once was a boy from Nantucket whos 'Da Da Da Dee Dee Dee' whatever the hell else you want..." |
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GOLFnSUN
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
 ·Comcast
| reply to RadioDoc
said by RadioDoc :It goes directly to the Treasury's general fund. The FCC gets nothing. Except maybe some extra consideration in the annual budget process.
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Join Red Room Forum
BLOG tkjunkmail.blogspot.com
My Web Page |
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RadioDoc
58ef2c0
Premium,ExMod 2000-03
join:2000-05-11
 ·AT&T Midwest
| The FCC's budget is about 2% of what this one auction brought in. While I am sure there is some budgetary consideration when/if the FCC asks for out-of-ordinary expense items, the auction process is all about Congressional money grabbing. The FCC was mandated to do it, and has no choice in the matter.
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Toolmaster of La Grange. |
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FLA05
join:2006-01-11
Panama City, FL | reply to The Folsom
The money is going to fund the war in Iraq......for about a month |
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