Emergency Bill Could Infuse $2 Billion Into Cash For Clunkers Program

Emergency Bill Could Infuse $2 Billion Into Cash For Clunkers Program

The White House and Congress are working on an emergency bill to add $2 billion to the "Cash for Clunkers" program to keep it alive, two congressional aides said today.

At a House Democratic Caucus meeting this morning, Majority Leader Steny Hoyer, D-Md., said the House is working to get unanimous consent to bring up an emergency funding bill for the program.

The funds would be transferred from the $787 billion stimulus bill approved in February and would come from a Title 17 energy loan guarantee program, which has been slow to be awarded, an aide said.


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HSCenterconsoleHSCenterconsole - 7/31/2009 11:43:04 AM
+3 Boost
What's another $2 billion of taxpayer money matter when the Dems are burning through trillions already?


Agent009Agent009 - 7/31/2009 12:26:10 PM
+2 Boost
It will be interesting to see just how much debt they can rack up in the first year.


EL34EL34 - 7/31/2009 11:43:13 AM
+3 Boost
If Obama and his cronies can't run Cash for Clunker how are they going to run Socialized Medicine?


thetruth01thetruth01 - 7/31/2009 12:28:41 PM
-1 Boost
Compared to the trillion dollars in tax cuts for the wealthy that got us in to this mess 8 years ago, I'd say an extra billion to keep autoworkers working, to keep dealers in business, to provide hundreds of millions in sales tax revenue, to get more fuel efficient cars on the road is a fairly small investment.

How many people whined when the automakers were given the bailout, why not just just pay us to buy GM and Chrysler cars? Well so heres some cash for the people this time. A billion dollars is chump change next to what the government gives to big business-this bailout, the TARP bailout, oil companies, defense contractors. Chump change. Enjoy it if you qualify. I dont, but o well.


PerformanceGuyPerformanceGuy - 7/31/2009 1:11:26 PM
-2 Boost
Have to say I agree with you there thetruth01.


thetruth01thetruth01 - 7/31/2009 2:37:23 PM
-2 Boost
Well they took my money to pay for an illegal war, i'll gladly pay a few dollars for this program that helps out working families and a beleaguered but important industry.


Joe_LimonJoe_Limon - 7/31/2009 1:55:49 PM
+2 Boost
Isn't it buying your daughter a Prius? And it's 3 of your tax dollars...


Joe_LimonJoe_Limon - 7/31/2009 2:35:37 PM
+6 Boost
Why are you complaining then? You are like the kid who got a lollipop but is complaining because you wanted a red one.


bfghemicudabfghemicuda - 7/31/2009 6:00:36 PM
0 Boost
This is going to be a long 3.5 years.


thetruth01thetruth01 - 7/31/2009 6:05:51 PM
0 Boost
It was an even longer 8 years. Oy.


bfghemicudabfghemicuda - 7/31/2009 7:31:11 PM
+1 Boost
The dems had control the last 2 years .... Thats when it all started.


thetruth01thetruth01 - 7/31/2009 7:50:51 PM
0 Boost
sure it did. the previous six were the golden age.


bfghemicudabfghemicuda - 8/1/2009 12:28:12 PM
+1 Boost
Stock market was over 15,000 , More people were employed in US History, GDP was its highest, Vehicle sales were good, The most investment from the Private sector for alternative energy, Private investment for new medical technology, yea I would say it was good.


Joe_LimonJoe_Limon - 8/1/2009 12:47:51 PM
+1 Boost
The global economy was good and he still managed to double your countries debt...


bfghemicudabfghemicuda - 8/1/2009 10:33:59 PM
+1 Boost
The debt was actually being paid down due to the High GDP. Enough politics... Back to the cars.


thetruth01thetruth01 - 8/3/2009 3:38:46 PM
+1 Boost
Funny how we can be in lockstep agreement on hybrids/diesels and 180 degrees apart on this one.
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