As reported in USA Today, all last week on many news outlets (and experienced firsthand by your humble blogger, moi), The government has run out of money - for DTV coupons. It seems that many folks have decided to keep their existing TVs and are now asking for the coupons to get the the digital signal. The problem is, the FCC allocated $1.34B for the $40 coupons and the crush of demand has been far greater. So rather than receiving a coupon for $40 off the price of the converter, folks are now getting a notice that they have been placed on a waiting list. Should the FCC receive more funding for this project, they will attempt to fulfill requests. Given the government's current need for cash, this doesn't seem all that likely (for now). Don't even get me started on why there is an expiration date on these.
TV converter coupon program's out of cash; wait list started - USATODAY.com
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