Commerce Secretary Howard Lutnick speaks during a cabinet meeting with President Donald Trump in the Cabinet Room of the White House on August 26, 2025 in Washington, D.C. (Chip Somodevilla / Getty Images)
With billions federal funds expected to be leftover from the BEAD program, the government claims it's saving taxpayers money. The truth is a bit more complicated.
Commerce Secretary Howard Lutnick, left, accompanied by Taiwan Semiconductor Manufacturing Company CEO C.C. Wei, speaks as he joins President Donald Trump in the Roosevelt Room of the White House on March 3, 2025 in Washington, D.C. (Andrew Harnik / Getty Images)