Reply #82: No, I dont watch much TV, but the big reason the government [View All]

[Pugee]

is forcing the issue is because the frequencies they will then sell to corporations will bring more than 10 Billion dollars. That is why this is under the Deficit Reduction Act.

----- President Bush signed into law the Deficit Reduction Act of 2005, a bill that contained a law stating that by February 17, 2009, television broadcasters across the country will be required to shut down their analog transmitters. At that point, the frequencies on which those transmitters operate will be transferred back to the government, which will then auction off those frequencies to the highest bidder. Those frequencies will be worth at least $10 billion and probably more, a windfall where much of that money will go directly into the coffers of the US government. That's why this bill is part of the Deficit Reduction Act of 2005, because it's expected that the proceeds from such an auction will help to reduce the federal deficit.

http://www.dtvprofessional.com/articles/viewarticle.jsp?id=38809