Rivals Sprint And AT&T Both Like Payroll Tax Cut Deal | Talking Points Memo

The last-minute compromise reached by House and Senate leaders on Thursday to extend the payroll tax cut for another year was achieved partially by having both sides agree to pay for the cut by auctioning off $22 billion worth of licenses to the wireless spectrum — the portion of the electromagnetic spectrum over which radio waves and data can be transmitted.

This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=101366