The Obama Administration is planning on spending $7.2 billion on broadband networks, but that’s pretty much all we know about it. The funds that have been allocated however say little about how they will be spent, as the stimulus plan unveils very little details about it.

U.S. Department of Agriculture Sec. Tom Vilsack said in a statement that President Obama’s commitment to expand broadband service will provide rural communities with access to worldwide markets, education, first responder, and health care resources.

U.S. Dept. of Commerce Senior Advisor and Acting Chief of Staff Rick Wade also said that President Obama believes in the power of broadband. “Broadband deployment throughout the country will help drive the nation’s economic recovery and growth.”

He also said that the grants represent a down-payment on President Obama’s communications priority which will ensure that all Americans will have access to broadband and the skills to use it.

“NTIA is eager to engage the public to develop grant programs that best serve the needs of targeted communities, public institutions, community educational centers, first responders, and vulnerable populations," Wade said.

Acting Federal Communications Commission Chairman Michael J. Copps also said the FFC is looking forward to working with the other agencies to bring essential opportunities to every American, no matter where they live or who they are.

However, these statements say absolutely nothing about how exactly these funds will be spent. The agencies are still waiting for proposals to come up, as the funds need to be allocated by the end of September 2010.