Monday, September 27, 2010


Publicly Financed Elections

By Henry Curtis

Perhaps the most controversial statement in the article is: “the fund would be drawn from the proceeds of the sale of the publicly owned broadcast spectrum, the plan wouldn't cost taxpayers a dime.”

Currently the money raised goes into the Digital Television Transition and Public Safety Fund.

In 2009 Congress raided the fund and transferred $7 Billion into the General Fund.

There are also other issues involving selling public assets (airwaves), getting the highest price for public assets, and requiring purchasers to set aside some channels for community media.


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