Did The Debt Ceiling Deal Clip Broadband Funding?

On June 3, President Joe Biden signed the Fiscal Responsibility Act of 2023, which suspends the debt ceiling through January 1, 2025—and increases the limit on January 2, 2025—while establishing new discretionary spending limits and rescinding certain unobligated funds. In the unceremonious words of the president in another setting, "This is a big [freakin'] deal." And, in Speaker Kevin McCarthy's words, "the biggest spending cut in American history.” But since Congress has allocated many billions for universal broadband over the past few years, will the debt ceiling deal claw back any of that money?


Did The Debt Ceiling Deal Clip Broadband Funding?