Doug45
join:2002-08-27
Wheaton, IL
kudos:1 | Overblown Another headline to grab attention. Read the article: there is enough cash for 51.5 million coupons. Even though 44.9 million have been requested, only 18 million have been redeemed with 10.8 million still in circulation that could be redeemed. What they don't tell you is that the coupons expire, so that would mean the remainder (44.9 requested - 18 redeemed - 10.8 in circulation = 16.1 expired) are expired.
So even if all the 10.8 million in circulation are redeemed, there would still be enough money to cover 51.5 - 18 - 10.8 = 22.7 million coupons.
This is just another entity looking for more cash whether they need it or not. |
