Hearst's Steven Swartz Signs Infrastructure Bill Boosting Letter
Business leaders ask Congress to pass bipartisan bill
Hearst President Steven Swartz signed onto a letter from over 140 executives urging Congress to pass the compromise infrastructure bill.
They told the bipartisan leadership of the House and Senate that funding the modernization of physical and digital infrastructure are "a necessary foundation for our nation's sustainable growth."
They said investments in broadband and other "essential assets" will also "create training and re-employment opportunities for millions of Americans who lost jobs during the pandemic."
Also Read: Sen. Warner Says Virginia Will Be Among First to Universal Broadband
Democrats and Republicans both back spending billions on broadband deployment, though how many and in what way is where that bipartisan impulse diverges along political lines.
Among those others signing on to the letter were Microsoft President Brad Smith and Vox Media President Pamela Wasserstein.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.