FOX NEWS — The White House is pushing cable and telecom companies to keep their lucrative contracts with the federal government, with Vice President Mike Pence calling the move “insulting” and saying the president is “not concerned” about it.
In a letter sent Tuesday to the cable companies, Pence told them that his administration “does not believe that these agreements serve the national interest” and he “strongly opposes the notion that these contracts would be terminated,” according to the Washington Post.
“The president is not concerned about the future of these contracts.”
The move comes as Trump continues to push the cable and telecommunications industry to make more profit on their existing contracts.
In June, the White House proposed a $10.5 billion expansion of the “Cable & Telecommunications Investment Fund” to help bolster cable and wireless TV programming.
The administration has also proposed billions in new tax breaks for cable companies.