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Senate Links $500M AI Funding to Regulation Halt

6/6/2025

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Story summary
  • The Senate Commerce Committee has opted to leave out a contentious AI regulation moratorium from its reconciliation bill. Instead, it links $500 million in funding to a temporary halt on AI regulations. Additionally, the bill extends the FCC's spectrum auction authority until 2034, potentially slashing the deficit by $85 billion, though questions about its legality linger.