Harry Reid's Debt Ceiling Plan: Auction Off Spectrum
The Wrap, July 27, 2011
By Brent Lang
Sen. Harry Reid (D-Nev.) has a plan to fix the United States' rapidly expanding deficit -- sell off access to its airwaves. Reid estimates that the government can raise $15 billion by selling rights to the airwaves and by persuading television networks to put their spectrum claims on the market as well. The NAB claims that such an auction could limit television access in certain communities.
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