Congress Trying To Save 'Cash For Clunkers' Sales

There's word that "cash for clunkers," which officially began last week, is running on low, if not empty. The program encourages motorists to trade in their gas guzzlers for more fuel-efficient vehicles by offering rebates up to $4,500.

By: Jamie Burch | WKRG-TV
Published: July 31, 2009

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WASHINGTON (AP) - The House is racing to the rescue of the
extremely popular - but financially strapped - "cash for
clunkers" program.
There's word that "cash for clunkers," which officially began
last week, is running on low, if not empty. Lawmakers want to add
an additional $2 billion to the program, which encourages motorists
to trade in their gas guzzlers for more fuel-efficient vehicles by
offering rebates up to $4,500.
Lawmakers have been assured by Transportation Secretary Ray
LaHood that the program will continue at least through today while
the Obama administration looks for more money.
Democrats in both the House and Senate are exploring the
possibility of votes as early as today to replenish the funding.
At the White House, press secretary Robert Gibbs sought to
assure consumers that the program is still running and will be
alive "this weekend."
He would not commit to any timeframe beyond that.