$825 Billion Stimulus Bill Clears First Hurdle in the House

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This bill has everything in it but the kitchen sink. It covers 1/2 billion for HDTV converter boxes for non-commercial uses. I can see that it will help the Chinese, who make the boxes, but how will this stimulate our economy?

The following is a quote from the bill.

DIGITAL-TO-ANALOG CONVERTER BOX PROGRAM

Notwithstanding any other provision of law, and in addition to amounts otherwise provided in any other Act, for costs associated with the Digital-to-Analog Converter Box Program, $650,000,000, to be available until September 30, 2009: Provided, That these funds shall be available for coupons and related activities, including but not limited to education, consumer support and outreach, as deemed appropriate and necessary to ensure a timely conversion of analog to digital television.

Kathleen Rudden of NY 10:26AM January 23, 2009

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