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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

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Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Personal Finance

Eligible Americans can now get $30 off their monthly internet bill with this federal program

Kaitlyn Koterbski
By
Kaitlyn Koterbski
Kaitlyn Koterbski
Personal Finance Expert
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Kaitlyn Koterbski
By
Kaitlyn Koterbski
Kaitlyn Koterbski
Personal Finance Expert
Down Arrow Button Icon
July 22, 2022, 11:10 AM ET
Vice President Kamala Harris announced a new program providing more affordable internet to millions of Americans.
Vice President Kamala Harris announced a new program providing more affordable internet to millions of Americans.Amanda Andrade-Rhoades—Sipa/Bloomberg via Getty Images
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When the pandemic closed offices, schools, and libraries in the spring of 2020, it became clear very quickly that not all Americans had equal access to high-quality internet access. Working from home is great—if you can afford the cost. A 2021 Pew Research study found that 43% of adults with lower incomes don’t have home broadband services.

In an effort to help Americans who can’t afford internet access, the Biden administration has established the Internet for All initiative, investing $65 billion to provide high-speed internet access at an affordable price.

Vice President Kamala Harris announced via Twitter on Thursday that eligible working families can receive a $30 monthly discount on their internet bill and a $100 discount on laptops, desktop computers, and tablets under the Affordable Connectivity Program (ACP). 

“Every American, no matter their income, should be able to afford high-speed internet,” said Vice President Harris in the announcement. 

The ACP is part of the sweeping Bipartisan Infrastructure Law, which will allocate federal money to a number of infrastructure projects, including upgrading airports and investments in public transportation.

Americans may qualify for ACP if their income is at or below 200% of the Federal Poverty Guidelines, if they participate in certain government assistance programs, or under eligibility criteria through a participating broadband provider’s existing program. 

Details are available on the website GetInternet.gov or by calling (877) 384-2575.

If you meet the above criteria, you can apply online or through a mail-in application. Once you’re approved, you can contact one of the participating service providers. The offer is only available to new subscribers. The Universal Service Administrative Co. created an online tool to help Americans find coverage near them.   

The discounted plans offer a minimum of 100 megabits-per-second download speed, which allows a family of four to join Zoom calls or all stream their favorite entertainment services at the same time. 

Information on funding internet access for larger communities is available through the InternetforAll.gov website, which shares details about grant programs such as the Broadband Equity, Access, and Deployment (BEAD) Program and the Digital Equity Act Program. 

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About the Author
Kaitlyn Koterbski
By Kaitlyn KoterbskiPersonal Finance Expert
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Kaitlyn Koterbski earned a bachelor's Degree from the University of Wisconsin-Madison in personal finance with an emphasis in financial planning and a certificate in entrepreneurship. She currently works as an accounting assistant at WHR Global.

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