Government Exceeds Original Converter Box Coupon Funding Limit

The government has officially redeemed more coupons than it could have paid for with the original funds set aside for the DTV-to-analog converter box coupon program, though there will likely be some funds left over from the larger allocation. According to the most recent figures from the National Telecommunications & Information Administration (as of July 22), the government has redeemed 33,578,000 of the $40 coupons that allow viewers to continue to receive a digital TV signal on an analog set. The original $1.34 billion in funding for the program would have covered 33.5 million of the $40 coupons. Democrats had long argued the program was underfunded.