Cash For Clunkers Faces Funding Speed Bump
The White House and Congressional leadership on Friday are reviewing the popular Cash for Clunkers program that gives consumers thousands of dollars for trading in old cars so the program can be extended into the Fall. The program proved so popular that the Department of Transportation warned lawmakers that the program appeared to have burned through its $1 billion funding in just one week. Under the program, a buyer who trades a vehicle that gets 18 …
David Kiley
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Auto Beat - BusinessWeek
Topics: democrats, government, california, cars