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Government Running Low on $40 DTV Coupons
Government likely to hit $1.34 billion budget for $40 DTV converter box coupons.
Reuters is reporting that the government will likely reach its $1.34 billion budget for the $40 DTV converter box coupons.
The Department of Commerce says a lot of consumers might be waiting to the last minute to request a coupon for the transition, which happens February 17, 2009. Those who wait too long could be out of luck.
It was previously reported that the government was running out of postage funds to mail the converter box coupons. Massachusetts Representative Ed Markey says the government needs to pass additional funds prior to the DTV transition.
"It is becoming increasingly clear that at minimum Congress may need to quickly pass additional funding for the converter box program in early January," says Markey.
The National Telecommunications and Information Administration (NTIA) says more than 1.5 million coupons are requested per week.
"Once the obligation ceiling is reached, the program will hold coupon requests until funds from unredeemed coupons become available," says Meredith Attwell Baker, the acting assistant secretary for Communications and Information at the NTIA.
The converter box coupons are valid for 90 days with a two-coupon limit per household.
The Department of Commerce says a lot of consumers might be waiting to the last minute to request a coupon for the transition, which happens February 17, 2009. Those who wait too long could be out of luck.
It was previously reported that the government was running out of postage funds to mail the converter box coupons. Massachusetts Representative Ed Markey says the government needs to pass additional funds prior to the DTV transition.
"It is becoming increasingly clear that at minimum Congress may need to quickly pass additional funding for the converter box program in early January," says Markey.
The National Telecommunications and Information Administration (NTIA) says more than 1.5 million coupons are requested per week.
"Once the obligation ceiling is reached, the program will hold coupon requests until funds from unredeemed coupons become available," says Meredith Attwell Baker, the acting assistant secretary for Communications and Information at the NTIA.
The converter box coupons are valid for 90 days with a two-coupon limit per household.
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About the Author
Steve Crowe, Web Editor
Steve is an editor for cepro.com. He graduated from Emerson College with a B.A. in Journalism. He joined the CE Pro staff in 2008. Steve is also a freelance sports writer for The Boston Globe and other various publications.
2 Comments
AVguy1080. It’s because the President likes to lick stamps.
Page 1 of 1 comment pages
Will someone please explain to me why these coupons must be mailed? Why can’t they be downloaded, emailed, or received at the store you buy the converter box at????? Honestly, the people running this country and it’s supporting agencies keep me up at night.