“A new economic analysis of federal government broadband stimulus projects awarded by the Department of Agriculture’s Rural Utilities Service (RUS) concludes that the program’s funding of duplicative broadband networks has resulted in an extremely high cost to reach a small number of unserved households. The study, Evaluating the Cost-Effectiveness of RUS Broadband Subsidies: Three Case Studies, was commissioned by the National Cable & Telecommunications Association (NCTA) and prepared by Jeffrey Eisenach and Kevin Caves of Navigant Economics of Washington, D.C., April 13, 2011.”