Ending Welfare for Telecom Giants

[Commentary] Should the federal government hand out more than $3 billion from American taxpayers to a Fortune 500 company as part of a program to help small and disadvantaged businesses compete with large corporations? Of course not, but it’s about to happen.

Nothing undermines confidence in government more than the perception that big, sophisticated and connected corporate interests can work the system at the expense of ordinary people. The Federal Communications Commission needs to do a top-to-bottom review of policies that aid billion-dollar interests at the expense of entrepreneurs. Congress should conduct oversight and put an end to this corporate welfare.