Yesterday, it was announced Congress had reached an agreement to extend the payroll tax cut. Included was legislation on spectrum auctions. Our thoughts (and applause for Congress) about the spectrum legislation are here. Meanwhile, over at The Hill, Brendan Sasso reports on President Obama’s comments following the announcement:

“[The legislation] includes a critical element in the plan I outlined in the State of the Union to out-innovate the rest of the world by unleashing mobile broadband, investing in innovation, and building a nationwide public safety network,” Obama said. “It will mean a stronger economy and hundreds of thousands of new jobs.”