Cash for clunkers close to clearing Congress

83 ford fairmont

The AP is reporting that cash for clunkers passed the Senate today the Senate kept cash for clunkers as part of a wartime spending bill that passed the House of Representatives on Tuesday. Buy your Astro vans and Grand Cherokees now before they’re all crushed.

UPDATE (19.June 2009): Aaaand, it passed. Also, check out Autoweek’s story on the bill passing through Congress. Note in particular the following:

[Representative Betty] Sutton plans to try to resurrect the measure as a longer-term program in the fiscal year beginning Oct. 1, she said.

This is the problem that arises with establishing a precedent like this. Now that there’s actually going to be an official program dedicated to cash for clunkers, our government will be loath to dissolve it. Sure, it’s temporary now, but it wouldn’t take much to make it permanent.



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