Consumer Law

The House Votes for an Additional $2 Billion for Cash for Clunkers Program, But Is that Sensible?

By Brian Wolfman

The House of Representatives just voted another $2 billion for the cash-for-clunkers (CARS) program that we've been covering extensively on this blog. On to the Senate, where some press reports suggest that passage may be more difficult. Meanwhile, Public Citizen's Lena Pons (pictured to the right) responds to the House's action by severely questioning the wisdom of new legislation before the public gets hard information on how much has actually been spent on the program to date and whether the program is serving its environment-friendly purposes. She points out that the House is relying on self-interested car dealers, not the government, for the claim that the original $1 billion authorized under the program has been committed.

Full post as published by CL&P Blog on July 31, 2009 (boomark / email).