Internet subscription expired

Is this a phishing email? My subscription is expired, my financial institution had an issue, PayPal Anti-Fraud Department has emailed me...

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Twenty-three million families will either have to pay more for internet or cancel their subscriptions altogether if a federal subsidy program to help with the monthly bill runs out of money. The ball is in the hands of Congress, with the subsidy set to expire this spring. A group of bipartisan lawmakers has proposed $7 billion to extend the program through the end of the year. President Joe Biden recently highlighted his administration's goal of internet for all when he visited North…