“Cash for clunkers” government program running on fumes
Man, who could have seen this coming? You mean the federal government’s incompetence is producing this?
The government’s popular “cash for clunkers” program may be running out of money after only a matter of days as car shoppers flock to dealerships to take advantage of the rebates.
The White House said Thursday it was assessing its options amid concerns the $1 billion budget for rebates for new car sales may have been depleted. The program officially began last week and has been heavily publicized by automakers and dealers.
Transportation Department officials called lawmakers earlier Thursday to alert them of plans to suspend the program as early as Friday. But a White House official said later the program had not been suspended and they were reviewing their options to keep the program funded.
In light of such incompetence, to say nothing about the track record of the feds in administering Medicare, Social Security, and the V.A., I think it’s absolutely a fantabulous idea to let the feds run our health care system! For those of you in the left, the prior sentence was sarcasm.
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Believe it or not this was probably the best stimulus program the Dems and Obama came up with, and now it might be on hold.
Comment by Steve | July 31, 2009
That is our money they are giving away, why can’t they just give us a tax cut and let us spend it the way we want.
Comment by aldezo | August 1, 2009
“cash for clunkers” program may be running out of money
That’s no problem. They’ll just print more!
Comment by tnjack | August 3, 2009