Congress looks again at Cash for Clunkers program
Many in Congress are said to believe such a program could speed up the turnover from older and dirtier vehicles to newer, more fuel efficient models as well as stimulate the economy and provide a boost for the ailing auto industry. If passed, the plan will reportedly cost as much as $2 billion per year to operate and would remove around 1 million older cars from the roads per year.
[Source: Detroit News Photo: Jot Powers - CC 2.5]
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