Cash For Clunkers Program Passed: Inside Details

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First Posted: 06-19-09 09:42 AM   |   Updated: 06-19-09 03:21 PM

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Cash For Clunkers Passed

Reuters :

he Senate passed the Cash for Clunkers Program today, which gives consumers with cars that get less than 18 miles per gallon the ability to turn them in for a $3,500 or $4,500 cash voucher. The bill was nearly defeated by Republicans, but Democratic support saved the day in part due to Obama's lobbying of the program. The President still needs to sign the bill into law.

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Read the whole story: Reuters

he Senate passed the Cash for Clunkers Program today, which gives consumers with cars that get less than 18 miles per gallon the ability to turn them in for a $3,500 or $4,500 cash voucher. The bill w...
he Senate passed the Cash for Clunkers Program today, which gives consumers with cars that get less than 18 miles per gallon the ability to turn them in for a $3,500 or $4,500 cash voucher. The bill w...
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Filed by Fred McCoy
 
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- Samalabear I'm a Fan of Samalabear 73 fans permalink
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So, Obama got behind this but couldn't get behind the bankruptcy reform bill. Curious, isn't it? Not really, though. The bankruptcy reform would have done some good. This, not so much -- not unless you have $16,000 in cash lying around to spend on a spiffy new GM car after the rebate kicks in. We're in a depression. There's a reason people still have their clunkers. What a joke this is. Another "bone" to the people.

    Favorite    Flag as abusive Posted 11:07 AM on 06/19/2009
- dubster I'm a Fan of dubster 11 fans permalink

Yippie!!

    Favorite    Flag as abusive Posted 10:57 AM on 06/19/2009
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