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Monday, May 21, 2012

A tip of the cap

Where's Jimmy Carter when you need him?  The FCC released the official notice of the funding cap for 2012-2013.  The cap goes from $2,290,682,250 to $2,338,786,577.  Not exactly going to solve the funding crunch, is it?  We need those double-digit inflation numbers from the 1970s.

So for 2012-2013, supply is up 2.1%, and demand is up more than 21%.  That doesn't take into account the rollover funds; since the FCC was late with the last rollover, look for the amount of the rollover to decrease.  (Unless the FCC violates their own rules again and waits until after the second quarter to make the next rollover, or does another rollover/tossback in 2013.)

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