WASHINGTON, DC -- In regards to tomorrow's markup by the House Energy & Commerce Committee of legislation to address the likely shortfall in funding available for the broadcast spectrum auction repack, the following statement can be attributed to NAB President and CEO Gordon Smith:
"NAB strongly backs passage of RAY BAUM’s Act addressing the funding shortfall stemming from the spectrum auction 'repack.' Full-power TV and radio stations -- along with low-power TV stations and TV translators -- provide news, entertainment and lifeline programming to tens of millions of Americans every day.
"We salute Chairmen Walden and Blackburn for this thoughtful legislation, and applaud Ranking Member Pallone for his tireless support on a matter of critical importance to local media. NAB is committed to working on a bipartisan basis in both the House and Senate to secure sufficient funding to cover the cost of broadcaster repack relocation costs."
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