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Government Finds More Money for Cash for Clunkers Program

This just in: the House of Representatives has just passed a measure that would add $2B to the Cash for Clunkers money pool. The vote was a lopsided 316 to 109, but next week's vote in the Senate isn't going to be so easy.

Several Republican Senators have already said they'll oppose it, while other Senators have said they'll push for a more stringent fuel economy spread. Should be an interesting battle.

CNN: Government scrambling to avoid Cash for Clunkers suspension
 

4 Comments

rick8365 says:

11:15 AM, 07/31/09

"Government Finds More Money for Cash for Clunkers Program" Shocker!!

rallyandbosox says:

11:41 AM, 07/31/09

How are these representatives so totally for this program??? This is like Bush's stimulus checks, a bad idea. We'll see the votes next week, if the program is still there.

moparbad says:

06:49 AM, 08/ 1/09

Where does the money come from?

alman08 says:

10:28 AM, 08/ 2/09

yeah... and then later more job loss, more bank repos on cars...

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