GOP Senators Weigh Selling Radio Spectrum to Reap $100 Billion

Senate Republicans are considering a massive sale of radio spectrum intended to generate billions of dollars to help pay for President Donald Trump’s agenda and free up airwaves for wireless broadband.

Senate Commerce Chair Ted Cruz of Texas has made a spectrum auction a top legislative priority this year, with Senate Republican aides saying it could generate in the ballpark of $100 billion.

“Restoring American leadership in spectrum policy means unlocking billions for job creation, domestic investment, and the federal resources needed to pay for a secure border and stronger military,” Cruz, who has scheduled a hearing on the ...