Latest in Budget

Image credit:

Obama's proposed 2010 budget juices carriers for more cash

Chris Ziegler
February 28, 2009
Share
Tweet
Share

Sponsored Links



There's no easy answer to erasing a staggering trillion-plus dollar deficit in a federal budget, but you've got to start somewhere -- and Obama's looking at the nation's wireless carriers as cash cows just waiting to be milked. The President's proposed budget for 2010 calls for an increase in spectrum license user fees from $50 million to $200 million, with further increases to $550 million over the course of the next decade, all of which would be on top of the billions carriers have already shelled out in spectrum auctions. A good way to bring in some extra cash? Yeah, probably, but considering that carriers will be more than happy to pass the increases on to consumers, let's just be straight: it's a tax.

[Via El Reg]



All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

Engadget's 2020 Back-to-School Guide

Engadget's 2020 Back-to-School Guide

View
Netflix confirms it's adding playback speed controls to its Android app

Netflix confirms it's adding playback speed controls to its Android app

View
Apple is reportedly planning 'Apple One' subscription bundles

Apple is reportedly planning 'Apple One' subscription bundles

View
Samsung's Galaxy Watch 3 blood oxygen apps are rolling out now

Samsung's Galaxy Watch 3 blood oxygen apps are rolling out now

View
Google pulled 'Fortnite' from the Play Store on Android

Google pulled 'Fortnite' from the Play Store on Android

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr