Cash for Clunkers Runs Out of Money – in One Week

If our government can mismanage a fairly simple program like the Cash for Clunkers, what makes people think they will ever be able to manage health care? Wake up, people!!!

The House raced Friday to pass legislation to inject an additional $2 billion into the “cash for clunkers” program, whose immediate popularity this week threatened to sink the program.

The $2 billion boost would be created by shuffling around funds from the Recovery and Reinvestment Act, an emergency stimulus for the original $1 billion budget for rebates on new cars that lawmakers worried had been exhausted in only a week.

Reps. Sander Levin, D-Mich., and Betty Sutton, D-Ohio, said the House planned to consider the additional funding after lawmakers from the two states were assured by Transportation Secretary Ray LaHood that the program would continue while the Obama administration looked for more money.

Democrats in the House were exploring the possibility of votes as early as Friday to replenish the funding. The Senate was not scheduled to vote on Friday but lawmakers hoped to win approval for additional funding next week.

But conservative Sen. Jim DeMint, R-S.C., will object to any additional infusion of funds into the program, which may hold the Senate up well into its recess, as DeMint can tie the Senate in enough procedural knots to create more than a week of delay. DeMint voted against the original measure.

White House spokesman Robert Gibbs said the program will be alive this weekend and that people looking to buy a car through the program this weekend should still do so — but would not commit to any timeframe beyond that.

“If you were planning on going to buy a car this weekend, using this program, this program continues to run,” Gibbs told reporters.

But Gibbs said administration officials and bipartisan leaders of Congress were working Friday morning “to find and develop ways to continue to fund this program.”

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One Response to “Cash for Clunkers Runs Out of Money – in One Week”

  1. Sue says:

    Can you believe this???

    And they tell us they can manage our whole healthcare system…

    It just gets crazier EVERY DAY!!!

    Come quickly, Lord Jesus…I pray we are ALL ready to go.

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