Biden's $42B Plan to Expand High-Speed Internet Access to Every US Home by 2030.

President Biden plans to announce how a $42 billion investment in expanding internet access will be distributed among the 50 states, with the goal of providing all Americans with high-speed broadband by 2030. The funding will be allocated based on a newly-released Federal Communications Commission coverage map that details access gaps. The lack of broadband access has been highlighted during COVID shutdowns that forced students into online schooling. States are expected to submit initial plans later this year that will unlock 20% of the funding, with the remaining money to be released once the plans are finalized, which could take until 2025.