President Biden is heading to North Carolina on Thursday to announce $82 million in new investments to connect homes and businesses in the state to high-speed internet.
He will go to the Raleigh-Durham area in the critical battleground state to make the announcement, alongside Gov. Roy Cooper (D). The funding comes from the American Rescue Plan, which was the COVID-19 relief package Biden signed into law in 2021, and aims to connect an additional 16,000 homes and businesses in North Carolina.
The investment, according to a fact sheet from the White House, will also create jobs in manufacturing and construction to produce “Made-in-America fiber-optic cable that will build out internet infrastructure across the country.”
And they’re still not going to get it. That money is going straight to internet provider exec bonuses and reported profits.