I was very pleased to work with Senator Moynihan and Senator Kerry to help put together this plan, and in to incorporate the rural provisions of the legislation I introduced. The bill we are offering today represents another important part of my commitment to making certain high-speed Internet access is affordable and more universally available. This legislation creates a temporary two-tiered tax credit for the deployment of broadband services to areas the market is leaving behind. This level of broadband will allow Americans to receive all their communications needs from one source. Such Internet capability will transform American life in ways we can only imagine today.
Children can download video in real time on nearly any subject.
Adults can train for new jobs from their homes. Complex medical images such as MRIs and x-rays that today take several minutes to download today can be transmitted in a matter of seconds. Telecommuting, business teleconferencing and personal communication will all rise to new levels. The tax credit will be technology and carrier neutral.