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Forums » Cellular Giants Win Big in Spectrum Auction » NY Times Misses the Point
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« Auction 66  
RadioDoc
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Re: NY Times Misses the Point

It goes directly to the Treasury's general fund. The FCC gets nothing.
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permalink · 2006-08-28 17:11:33 · Reply to this

The Folsom
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Re: NY Times Misses the Point

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.
--
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permalink · 2006-08-28 17:27:42 · Print · Reply to this

TKJunkMail
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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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permalink · 2006-08-28 17:33:17 · Print · Reply to this
RadioDoc
58ef2c0
Premium,ExMod 2000-03
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·AT&T Midwest

Re: NY Times Misses the Point

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.
permalink · 2006-08-28 17:46:38 · Reply to this
Forums » Cellular Giants Win Big in Spectrum Auction« Auction 66  

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