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Forums » Cellular Giants Win Big in Spectrum Auction » NY Times Misses the Point
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« Auction 66  
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RadioDoc
58ef2c0
Premium,ExMod 2000-03
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reply to Zoder
Re: NY Times Misses the Point

It goes directly to the Treasury's general fund. The FCC gets nothing.
--
Toolmaster of La Grange.


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

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..."


GOLFnSUN
Enjoy the sun
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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.
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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.
--
Toolmaster of La Grange.
Forums » Cellular Giants Win Big in Spectrum Auction« Auction 66  


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