Why? Because a handful of large markets still have one all-news station on Ancient Modulation? An even smaller handful of universities and/or local governments still have relic AM stations that have been around for close to 100 years? A few of the old 50 kW blowtorches are still successful? None of those things affect most of the country.I think AM radio should be part of the baseline of safety equip in vehicles.
Newsflash! Few folks in my age bracket (speaking of ancient) even bother to listen to AM at all, other than for right wing talk or sports. The former format is on 3 stations, the latter is on 4. Other than the one business news station and two oldies stations, the rest are either religious or air Spanish-language programming in various formats. Many, if not most, have either FM translators are on an HD2 of a sister FM station. Metro Phoenix, for example, has 21 AM stations, and each one may have some core listeners, but none capture any general interest, and none cover the full Phoenix metro at night, and barely during the day. This isn't 1935, or even 1965. The days of a full-service AM with regular newscasts in most markets are pretty much done, and have been for decades.
This proposal is a boondoggle of the worst kind. A total waste of my tax dollars and my Congresscritter's time. I hope it crashes and burns due to being completely irrelevant in the 21st century. Let Ancient Modulation sink or swim on its own. Maybe some will make a comeback, but I don't see many of them lasting too much longer than I will. Land for towers is too valuable for other things, and listeners are becoming few and far between.