In News Flash
Cash for Clunkers: US Congress Approves $2 Million Budget
R. Waxman 07/08/2009 14:54
After the House of Representatives passed the program extension bill last week, and the Senate gave its approval last night, Congress has allotted another two million dollars towards the "Cash for Clunkers" program.
The program acts as an incentive for American consumers to trade in their old cars for newer, energy-efficient models, by giving up to $4500 in federal subsidies to those who meet government requirements.
The program acts as an incentive for American consumers to trade in their old cars for newer, energy-efficient models, by giving up to $4500 in federal subsidies to those who meet government requirements.