Consumers are a step closer to getting thousands of dollars to trade in gas-guzzling vehicles for new models. The Senate was close Tuesday to calling a vote on the bill to give consumers up to $4,500. The "cash-for-clunkers" legislation is part of a bill regulating tobacco. A vote could come today.
The Senate would also consider a competing measure, proposed by Sen. Dianne Feinstein, D-Calif., aimed more at improving the fuel efficiency of the nation's auto fleet than boosting auto sales.
Sen. Debbie Stabenow, D-Lansing, and Sen. Sam Brownback, R-Kan., introduced their bill last month.
It would offer credits of up to $4,500 for consumers to trade in vehicles rated at 18 miles per gallon or less, if they buy a new vehicle of at least 22 mpg.
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