TITLE

Will Tech Blow $40B Stimulus?

AUTHOR(S)
Medford, Cassimir
PUB. DATE
February 2009
SOURCE
Red Herring;2/3/2009, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
36602832

Tags: GOVERNMENT aid;  HIGH technology industries;  UNITED States. American Recovery & Reinvestment Act of 2009;  BROADBAND communication systems;  INFORMATION technology;  TRADE regulation -- United States;  FARRAR, Tim

 

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