WASHINGTON – The House voted Friday to rush $2 billion into the popular but financially strapped “cash for clunkers” car purchase program, heeding calls from consumers who hope to keep taking advantage of the trade-in incentives.
The bill was approved on a vote of 316-109. House members acted within hours of learning from Transportation Secretary Ray LaHood that the program was running out of money.
My Take: Jump on this if you have a clunker, nothing’s better than free money.
Source: MSNBC