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Monday, July 30, 2007

Info Post
On Feb. 18, 2009, tens of millions of televisions that are not equipped to receive digital signals will become useless pieces of furniture. The government is spending $5 million to let owners know so they can do something about it -- not enough, critics say. . . . ''These consumers will be confused, frustrated and angry that this important information and entertainment source in their home is no longer operational, through no fault of their own,'' said Nelda Barnett, a member of the board of the directors of the 39-million-member AARP. After the first of the year, the government will be making available to each household two coupons worth $40 each that can be used to buy two converter boxes. Congress has set aside $1.5 billion to pay for the coupon program. Initially, $990 million will be used to pay for coupons and cover administrative costs, which are capped at $110 million. An additional $510 million may be allocated, but those coupons are reserved for households that have only over-the-air television . . . [Read More]
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