VIDEO RELEASE: Gardner Digs for Answers on EAGLE-Net Waste and Sustainability Issues
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WASHINGTON D.C. – As part of a Congressional hearing on the effectiveness of stimulus funded broadband, Congressman Cory Gardner (CO-04) pressed for more information about how EAGLE-Net Alliance has spent $100 million of taxpayer money on overbuilding existing fiber optic networks.
“After today’s hearing there are still many unanswered questions about waste and whether EAGLE-Net will ever be sustainable, which is a condition of the company’s grant,” Gardner said. “There are also new questions about issues with other sources of financing that EAGLE-Net is taking advantage of, including a bank loan and line of credit. In light of these developments, we are seriously considering requesting a federal audit of this program.”
The following exchanges took place at the Communications and Technology Subcommittee Hearing on “Is the Broadband Stimulus Working”:
Gardner Questions National Telecommunications and Information Administration Asst. Sec. Larry Strickling About Oversight of EAGLE-Net
Gardner Questions Panel of Experts on Broadband Stimulus Spending
A background memo on the hearing and full list of witnesses is available HERE.
Congressman Gardner is a member in the U.S. House of Representatives serving Colorado's 4th Congressional District. He sits on the Energy and Commerce Committee and is a member of the following Subcommittees: Communications and Technology, Energy and Power, and Oversight and Investigations.
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