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Senate OK's $2 billion more for Cash for Clunkers

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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 09:09 PM
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Senate OK's $2 billion more for Cash for Clunkers
Source: CNN Money

WASHINGTON (CNNMoney.com) -- The Senate voted 60-37 passing a $2 billion extension of the popular Cash for Clunkers program Thursday evening, as lawmakers rushed to finish business before their August recess. The House had already voted to extend the program, which blew through its $1 billion in initial funding, before it adjourned for the summer last Friday.

"This will be a great weekend to go out and buy an American made auto," Sen. Debbie Stabenow, D-Mich. said.

During the debate, Senate Republicans offered a half dozen amendments to the program. One would have banned all future bailouts and another would have provided tax credits to spur more home sales. But Sen. Carl Levin, D-Mich., warned that any attachments would bounce the bill back to the House, delaying the program until after the summer break in September.

Although the vote mostly went along party lines, seven Republicans voted for it and four Democrats voted against the measure.


Read more: http://money.cnn.com/2009/08/06/autos/clunkers_vote/?postversion=2009080617
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Condem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 09:14 PM
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1. Great news!!!
Bring on the business!
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question everything Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 09:23 PM
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2. OK: we approved Sotomayor, we pass the Clunkers bill
with mostly Democrats, can we now pass some form of health care reform?
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-07-09 04:50 AM
Response to Original message
3. Is there something in place
to ensure that the same cars don't get clunked repeatedly and are destroyed first time round ? In the UK the VIN #'s would protect against that - think so anyway.
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