A staff paper to the President's Task Force on Communications Policy examines the future of broadcast television. The central question in formulating broadcast policy is how to mesh traditional policies with new technology to exploit fully the potential value of television. Two areas are stressed--the basic structure of TV broadcasting in the light of the objectives of broadcast policy, and the role of the Executive Branch in broadcasting. The paper concludes that a multichannel system is most desirable to promote increased variety in TV, and that a regulated, private cable television network is the best way to obtain such variety. Restraining cable expansion until the prospects for UHF growth become more certain is likely to damage later cable development. Adequate over-the-air transmission should be maintained and other broadcast forms, including satellite and Pay-TV should be investigated. To enhance the social use of TV, the various agencies of the Executive Branch should more actively represent the public interest before the FCC, developing more educational and social broadcasting. (BB)