VIDEO RELEASE: Gardner Digs for Answers on EAGLE-Net Waste and Sustainability Issues
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.