Haley Stevens: “The Senator is right. There are a series of items held in reserve: $200,000 for converting low-power television stations…”

“The Senator is right. There are a series of items held in reserve: $200,000 for converting low-power television stations and television translators; $1.5 billion for emergency communications, which includes $1 billion for interoperability, $250 million for the national alert system, $50 million for tsunami warning and coastal vulnerability problems; we have $250 million to deal with the Senator's E911. But after that, the provision strictly says if the proceeds of the auction exceed the sums of payments under all of those, that amount has to go to deficit reduction.”