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Obama Cash for Clunkers

Cash for Clunkers Rated an Economic Clunker

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Like a glass of ice water in the scorching desert, it sure sounds enticing -- Uncle Sam giving you as much as $4,500 to trade in your old gas guzzler for a new and more fuel-efficient car.

Congress OKs $2B Refill Of 'Cash For Clunkers'

AP | DAVID ESPO | Posted 05.25.2011 | Politics

WASHINGTON — Pedal to the metal, Congress sent President Barack Obama legislation Thursday night with an additional $2 billion for "cash for clu...