Congress passed the 2006 budget resolution late last week. The $...
Congress passed the 2006 budget resolution late last week. The $2.6 trillion spending outline calls on the House and Senate Commerce committees to produce $4.8 billion more for the federal treasury between now and 2010. Senate Commerce Committee Chmn.…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
Stevens (R-Alaska) has said he sees spectrum auctions as a way to raise that revenue. Since FCC spectrum auction authority expires Sept. 30, 2007, Stevens has said the auction program could be extended and should be reformed, but hasn’t outlined specifics. Medley Global Advisors said Congress would likely focus on 2 revenue sources: (1) Continuing the spectrum auction program, which the Congressional Budget Office has said could produce $1.7 billion revenue. The Office of Management & Budget puts the figure even higher. (2) Setting a hard DTV transition deadline, which would free some 88 MHz of prime spectrum for auction. The spectrum’s value has been estimated at $30-$60 billion.