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You are here: Home / Politics / Govt / More Cash for Clunkers

More Cash for Clunkers

July 31, 2009 By WRN Contributor

The U.S. House has voted to expand the Cash for Clunkers program.

The program allows drivers to receive a rebate of up to $4,500 when trading in a old car for a more fuel-efficient vehicle. However, it was in danger of using up its $1 billion budget just three days after it started.

Congressman Dave Obey (D-WI) called on federal lawmakers today to add up to $2 billion in additional funding. Obey says the massive response to the program shows it will work to generate sales and stimulate the economy, and lawmakers need to make sure there's enough money to fund the incentive.

The measure now heads to the US Senate.

AUDIO: Andrew Beckett reports (MP3 1:03)

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Filed Under: Politics / Govt



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