Industry Experts Pessimistic On Potential ACP Extension

Even though there are enough Republicans in Congress to pass an extension of the soon-expiring Affordable Connectivity Program, industry observers are pessimistic about its passage. Because House Speaker Mike Johnson (R-LA) is not supportive, said Blair Levin, the measure is unlikely to get a vote before the House of Representatives. Paul Gallant, a technology policy analyst for investment bank TD Cowen, agreed. “Congress is probably going to do nothing,” said Levin. "If it were to hit the floor, it would pass, and I don’t think Speaker Johnson is going to let it go to the floor. We’ll see.” Gallant agreed that an ACP extension would be an “uphill battle” and that, “day by day it gets tougher." Levin added that the bill is getting caught up in electoral politics, with Republicans not wanting President Biden to get the credit during an election year.