Cash for Clunkers Bill Update

Following the promise of an extra $2 billion for the Cash for Clunkers program, it now seems that Senate Majority Leader Harry Reid has the votes to allow the budget increase. This extra $2 billion will allow approximately half a million more Americans to use the Cash for Clunkers program.

It is thought that many Republicans apposed the plan for a budget increase; however Senate Minority Leader Mitch McConnell believed his party “would not block a vote”, and stated “The matter will be completed.” Read more

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