And the driver was because of Spectrum auction authority, we brought in, we will bring in $100 billion to pay down the debt. That's real money. But it's not the biggest piece of this. The biggest piece of this is By auctioning this Spectrum off, we will open up billions and billions of dollars of private sector investment. The companies that buy this Spectrum are going to invest. It is going to create hundreds of thousands of jobs. That is not an exaggeration. Hundreds of thousands of jobs. (36:21–36:29)
CLAIM
Asserts that auctioning the spectrum will lead to significant private sector investment.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
