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« Auction 66  
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FLA05

join:2006-01-11
Panama City, FL
reply to The Folsom
Re: NY Times Misses the Point

The money is going to fund the war in Iraq......for about a month

RadioDoc
58ef2c0
Premium,ExMod 2000-03
join:2000-05-11
·AT&T Midwest

reply to TKJunkMail
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.
--
Toolmaster of La Grange.


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

reply to RadioDoc
said by RadioDoc See Profile :

It goes directly to the Treasury's general fund. The FCC gets nothing.
Except maybe some extra consideration in the annual budget process.
--
--
Join Red Room Forum
BLOG tkjunkmail.blogspot.com
My Web Page


The Folsom
Kindly Shut Your Noise Hole.
Premium
join:2003-01-31
Yucaipa, CA
·Verizon FIOS

reply to RadioDoc
said by RadioDoc See Profile :

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.
--
"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..."


The Folsom
Kindly Shut Your Noise Hole.
Premium
join:2003-01-31
Yucaipa, CA
·Verizon FIOS

reply to Zoder
said by Zoder See Profile :

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.
--
"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..."

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.
--
Toolmaster of La Grange.


Sr Tech
Premium
join:2003-01-19
New Fairfield, CT
reply to Zoder
I have all ways wondered my self where the money went..

Zoder

join:2002-04-16
Miami, FL
reply to pnh102
Was wondering.

Does the money go directly to the treasury or to the FCC for their department to spend?
Forums » Cellular Giants Win Big in Spectrum Auction« Auction 66  


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