How To Rewrite Cash For Clunkers Legislation
Now that the “Cash for Clunkers” bill is ramped up and driving car-buyers into the showroom, let’s start writing the next one, or Phase 2 of the Clunkers bill. Just to review: The Cash for Clunkers bill, technically known as Consumer Assistance to Recycle and Save (CARS ), went into effect this week. Congress budgeted $1 billion in Phase 1 to give vehicle-buyers either $3,500 or $4,500 to trade in…
David Kiley
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Auto Beat - BusinessWeek
Topics: cars, consumer, government, automotive, fuel