Biden pledges $42 billion for nationwide broadband expansion.

President Biden is set to announce over $42 billion to expand high-speed internet access nationwide, with the aim of helping an estimated 8.5 million families and small businesses take advantage of modern-day connectivity. The money will be distributed to states over the next two years, serving as the centerpiece of a vast and ambitious campaign to deliver reliable broadband to the entire country by 2030, ensuring that even the most far-flung parts of the United States can reap the economic advantages of the digital age.