Cash for clunkers is BROKE, but don’t worry they plan to use more of your money to fix it…

Carolyn Hileman - The Voice | July 30, 2009 

The Obama administration is telling lawmakers that its much-touted “cash-for-clunkers” program is already running out of money, according to three Senate aides familiar with the discussions.

The program — aimed at giving at boost to the U.S. auto industry — was supposed to expire at the end of October. But in the one week since it took effect, it appears to have run dry of the $1 billion allocated to it, aides said Thursday.

Read more: http://www.politico.com/news/stories/0709/25638.html#ixzz0MntB0nUb


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