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Americans are still without a reliable broadband connection. Closing this divide is a bipartisan priority and significant federal resources have been dedicated to this effort. Unfortunately, a problem that requires an efficient response is overwhelming and scattered federal funding response as Ronald Reagan said, the government is not the solution to the problem but is the problem. In may of 2022, the Government Accountability office found there were over 130 broadband programs across 15 federal Government Agencies. These programs, the broadband equity access created an Infrastructure Investme...

Statement. Thank you for the witnesses for being here today. Americans rely on Internet Connectivity for work, education, healthcare. Despite americans are still without a reliable broadband connection. Closing this divide is a resour have been dedicated , a problem requires an efficient response is overwhelming and said, the government is not the solution to the problem but is the problem. In may of 2022, the Government Accountability office found there were over 130 federal Government Agencies. These programs, the broadband equity access created an Infrastructure Investment and jobs and miss...

Statement. Thank you for the witnesses for being here today. Americans rely on Internet Connectivity for work, education, healthcare. Despite americans are still without a reliable broadband connection. Closing this divide is a resour have been dedicated , a problem requires an efficient response is overwhelming and said, the government is not the solution to the problem but is the problem. In may of 2022, the Government Accountability office found there were over 130 federal Government Agencies. These programs, the broadband equity access created an Infrastructure Investment and jobs and miss...

The chair recognizes five minutes for an opening statement. Thank you for the witnesses for being here today. Americans rely on Internet Connectivity for work, education, healthcare. Despite years of effort and billions of dollars, Many Americans are still without a reliable broadband connection. Closing this divide is a bipartisan priority and significant federal resources have been dedicated to this effort. Unfortunately, a problem that requires an efficient response is overwhelming and scattered federal funding response as Ronald Reagan said, the government is not the solution to the proble...

From 3 to 6 . It is not really distressed. You overlay the asset liability that issuers have on the capital structures, recoveries on loans have been quite poor. You buy something at 70 and you wake up and there is an asset liability trade that gets done were a whole bunch of collateral is stripped out and alone trains debt trades down 50 points. Im not sure i sear the see the clear opportunity in distressed today, given their feels like a technical uplift on prices and there is a lot of flexibility in the documents that create a lot of liquidity options for the issuer. There is some tension r...