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. That's real money that goes directly to the US Treasury. Now, why will it generate over $100 billion? Because that spectrum is incredibly valuable. (10:58)
CLAIM
Asserts that auctioning 800 MHz of spectrum will generate over $100 billion for the U.S. government.
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.
