Cash for Clunkers Needs More Funding

NULL - July 30, 2009

An avalanche of auto sales has pushed the government’s $1 bil­lion Cash for Clunk­ers pro­gram to its fund­ing lim­it. Near­ly 250,000 vehi­cles have been sold through the pro­gram. The White House is work­ing with Con­gress to find more mon­ey. Some law­mak­ers may ask for addi­tion­al fuel effi­cien­cy guide­lines before approv­ing the mon­ey.

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