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Guest Message by DevFuse

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DTV Coupons Fade


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4 replies to this topic

#1 OFFLINE   Nick

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Posted 12 November 2009 - 04:34 PM

From: DenverPost.com

Digital-TV coupons expire; 54 percent used
By David Migoya, The Denver Post
11/12/2009

Quietly, almost imperceptibly, the last of the government-issued coupons toward the purchase of a digital television converter box expired Monday.

After months of hand-wringing over the switch to all-digital TV signals and cries from Congress and the White House to delay the transition by four months because the country was unprepared, Americans managed to redeem just over half of the 64.1 million coupons that were distributed, federal records show.

On Monday, the final 200,000 coupons mailed by the National Telecommunications and Information Administration in mid-August weren't worth the plastic they were printed on, hitting the 90-day expiration date.

"The DTV coupon program was a tremendous success," NTIA Administrator Lawrence Strickling said. "It educated millions of Americans about how to prepare for the transition and helped millions of households with the cost of purchasing a converter box." ...

More @ DenverPost.com

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#2 OFFLINE   n3ntj

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Posted 13 November 2009 - 03:55 PM

So, what happens with all of the money that was designated for this program that didn't get used?
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#3 OFFLINE   Nick

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Posted 13 November 2009 - 03:58 PM

So, what happens with all of the money that was designated for this program that didn't get used?

It will remain in the general fund and probably go toward paying down .0000001 percent of the interest on the national debt.

Edited by Nick, 13 November 2009 - 04:04 PM.

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#4 OFFLINE   Glen_D

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Posted 13 November 2009 - 07:22 PM

Looks to me like the B&M stores in my area have pretty much quit selling DTV converter boxes.

#5 OFFLINE   kocuba

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Posted 13 November 2009 - 07:28 PM

I wonder if the price will now come way down on any left over boxes.
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