'Clunker' sales nearing quarter-million; what now?
By KEN THOMAS
Associated Press Writer
WASHINGTON – The White House warned Monday that the "cash for clunkers" program, already zooming toward a quarter-million trade-ins with the initial $1 billion in rebates, could sputter to a stop by Friday unless the Senate quickly approves $2 billion more.
While Republican lawmakers complained about another government giveaway, the Obama administration pointed to environmental gains made during the first week of the program that gives rebates of as much as $4,500 to motorists who trade in gas guzzlers for more fuel-efficient vehicles. The White House also highlighted recovery news from Ford Motor Co., which reported its first U.S. sales increase in nearly two years.
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That won over some Democrats who had grumbled the program wasn't wringing out enough fuel efficiency. They complained that smaller rebates of $3,500 were going to people buying new cars that get as little as 4 more miles per gallon than the gas-guzzling clunkers they traded in.
That won over some Democrats who had grumbled the program wasn't wringing out enough fuel efficiency. They complained that smaller rebates of $3,500 were going to people buying new cars that get as little as 4 more miles per gallon than the gas-guzzling clunkers they traded in.
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