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Even more money for the TV converters
March 6, 2009 - Frank Robinson
Back to the TV converter rant I had in a recent blog. Read this story from the Associated Press. I did the math and it seems excessive. Again, why is the government paying for these boxes? Here is the story:
TV converter box coupons start flowing again
NEW YORK (AP) -- The agency that mails out coupons for digital TV converter boxes has received fresh funding from the economic stimulus program.
It expects to eliminate its coupon wait list in two and a half weeks.
The fund that pays for the $40 coupons reached its spending limit in early January. The National Telecommunications and Information Administration was still able to mail out coupons, but only as old ones expired. It's accumulated a wait list of 2.3 million households.
The NTIA also expects to change its rules so that people who received coupons before but let them expire can now apply for new ones.
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