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Chairman Walden Introduces Broadband Spectrum Bill to Boost Private-Sector Job Creation, Reduce the Deficit
Yesterday, Energy & Commerce Subcommittee on Communications & Technology Chairman Greg Walden (R-OR) introduced new legislation, the Jumpstarting Opportunity with Broadband Spectrum (JOBS) Act, to help create jobs, reduce the deficit, and bolster our nation’s emergency response infrastructure. Chairman Walden laid out the economic benefits of the JOBS Act in an op-ed in The Hill:
“The JOBS Act will advance wireless broadband service, spur billions of dollars in private investment, create thousands of jobs, help bring interoperable broadband communications to public safety officials, and reduce the deficit by approximately $15 billion.
“The JOBS Act provides additional broadband spectrum and authorizes the Federal Communications Commission to conduct incentive auctions. …
“New construction and maintenance of wireless networks will inject billions of dollars of new capital into the economy and create high-paying jobs in an industry that touches the daily lives of nearly every American business, consumer and citizen.
“The proceeds from these auctions will provide approximately $15 billion for deficit reduction.”
As Chairman Walden notes in his op-ed, the JOBS Act represents another effort on the part of House Republicans to find common ground with President Obama on legislation that will help put Americans back to work. The House has already passed more than 20 bipartisan bills for jobs that remain stalled by Senate Democrats, and will add three more to that group this week. In remarks today, House Speaker John Boehner (R-OH) urged Senate Democrats to act on all of these House-passed jobs bills, noting that “they’re good, solid pieces of legislation – all passed with bipartisan support – and they deserve the consideration of the Senate.”