Will Tech Blow $40B Stimulus?

Medford, Cassimir
February 2009
Red Herring;2/3/2009, p7
Trade Publication
This article reveals that U.S. technology industry initiatives will receive almost $40 billion of the Obama administration's $819 billion stimulus package. The $40 billion package will go to broadband development, a national health information technology (IT) network, and a smart energy grid-initiative. Tim Farrar of Telecom Media and Finance Associates emphasizes the need to regulate so that tech spending will not favor incumbents at the expense of innovation.


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