House Adds $2 Billion Dollars Into “Cash For Clunkers” Program

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

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