Cash for Clunkers in Need of More Money

By: Cathleen Moxley Email
By: Cathleen Moxley Email

Many folks are calling the recent Cash for Clunkers program a success, but it's yet to be seen if it will get the funding needed to keep it going.

The United States House of Representatives has approved another $2 billion in cash to be spent on the program, but it's still waiting to be passed by the U.S. Senate.

During Congressman Charlie Wilson's visit to the area Wednesday, he said Cash for Clunkers has helped stimulate the economy and sell a lot of cars.

"I think this is something that worked even better than they thought it was going to, and was absorbed very quickly, so now they're going to add an additional two billion in it to get it to the next step," Congressman Wilson, Ohio District 6, said.

Wilson says the program is a way to get auto companies to the point where they can start paying back loans and keep business steady.

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  • by Jim Location: PKB on Aug 6, 2009 at 07:25 AM
    Why not call it cash for clunkers for the well to do and financially stable. For someone such as myself, working day to day unsure if my job will exist next week, just too much of a risk to acquire more debt. By the time the economy picks up, Guess what clunker cash gone.....
  • by Linda Location: Local on Aug 6, 2009 at 07:08 AM
    More of the taxpayers money, not government money, being wasted. This needs to stop. We live in America, we have a right to choose what we want to drive.
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