U.S. FCC expected to impose $2 billion budget cap on low-income subsidy

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U.S. FCC expected to impose $2 billion budget cap on low-income subsidy
April 01, 2016 March 31- The U.S. Federal Communications Commission is expected to approve a $2 billion a year budget cap as part of an expansion of a subsidy for low-income Americans for phone and internet services, two sources briefed on the talks said. The FCC delayed the start of its meeting by 90 minutes as talks continued over a proposal unveiled earlier this month to... Source: http://www.cnbc.com/2016/03/31/reuters-america-us-fcc-expected-to-impose-2-billion-budget-cap-on-low-income-subsidy.html