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Cash for Clunkers Qualifying Cars

fuel2009 SLAH edit3 Cash for Clunkers Qualifying Cars

Cash for Clunkers Qualifying Cars has been given a new lease on life when theĀ  House Approves $2B to Extend Cash for Clunkers Program, on Friday, July 31, 2009.

The House approved a bill to provide an additional $2 billion to continue the federal government’s “cash for clunkers” program.

Cash for Clunkers Qualifying Cars was only a week old and already out of cash, the program was scheduled to close today, but instead, the House got behind Americans and voted for more cash for the consumer popular, Cash for Clunkers program.

The 316-109 vote split Republicans but attracted the support of nearly every Democrat in the House.

Where will the money come from? Funds in the already passed “economic stimulus package” that were intended for energy loan guarantees. Congress will seek to replenish the energy program at a later date.

For the full story of “Cash for Clunkers Qualifying Cars,” go to Newsweek.com

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Comments

3 Responses to “Cash for Clunkers Qualifying Cars”
  1. Carol says:

    all of this sounds great but this is Socialism at work and that is a fact!!!

  2. Carol says:

    This is just another way that us the tax payers are giving money to the Auto Industry and that is a fact.

    Why isn’t there more money to help the home owners I guess we aren’t in Obama back pocket.

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