Friday, July 31, 2009

Congress trying to rescue ‘cash for clunkers’

Lawmakers aim to pass $2 billion bill to keep rebate program alive,A woman shops for a car at Springfield Auto Mart in Springfield, Vt. Above her is a car that was dumped in a dumpster as a visual promotion for the government highly-popular ‘cash for clunkers’ program.
The House rushed Friday to pump $2 billion into a popular cash-for-clunkers program running near empty, with a leading Democrat saying "consumers have spoken with their wallets."

Debate began at midday on the bill to refuel the car-purchase program and House Majority Leader Steny Hoyer predicted a vote within hours. He said the additional money would come from funds Congress approved earlier in the year as part of a $787 billion economic stimulus bill, he said.

Hoyer, D-Md., said that at the request of House Republicans — whose approval was required for swift passage — the bill would include provisions for government auditors to make sure the money was being spent as intended.

Via Msnbs


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