The largest holder of spectrum in the United States is the United States government. You United States government has massive quantities of spectrum that it owns that are not available to the private sector. I wrote into the working families tax cut, a mandate that the federal government auction off 800 MHz of spectrum to the private sector. Now what does that mean? That means that in the coming years that is going to generate over $100 billion for the U.S. government. I mean, the spectrum is incredibly valuable. (09:48–09:57)
CLAIM
Asserts that Ted Cruz included a mandate in a tax cut for the government to auction 800 MHz of spectrum.
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