Slashdot Mirror
"Cash For Clunkers" Program Runs Out of Gas
Ponca City, We love you writes "The Washington Post reports that Transportation Secretary Ray LaHood has called members of Congress to inform them that the 'cash for clunkers' program will be suspended because the program has run out of money, and congressmen say they intend to ask the Obama administration to divert some funding from the existing economic stimulus package to maintain a scheme that they see as genuinely stimulative. 'Clearly, this has been a very stimulative program that's got consumers back into the car market. It's our hope that possibly more funds can be made available,' says Cody Lusk, president of the American International Automobile Dealers Association." If there is more funding, though, a report on CNET says it may come out of money to have been set aside for renewable energy loans by the US government.
>>>>> If I had an old 17mpg pickup I would be allowed to get a 19mpg SUV and get the free congressional money,
>> Wrong! The new car has to get at least 10 mpg more... Try looking it up first! [cars.gov]
IMHO you owe me an apology because you're wrong, plus you were rude about it.
I wish I knew how to moderate, because I'd remove a couple points
from your "informative" post that's completely UNinformative.
"I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall