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July 31, 2009

White House seeks to extend cash for clunkers

From Reuters:

WASHINGTON, July 31 (Reuters) - The White House is working with U.S. lawmakers looking for ways to extend the "cash for clunkers" incentive program to spur U.S. auto sales, spokesman Robert Gibbs said on Friday.

"We feel confident we can find a solution" to continue the program, Gibbs told reporters, saying the incentive scheme had been a success for auto buyers and was still "up and running."

Posted by Jay Hancock at 10:15 AM | | Comments (1)
Categories: The Great Recession
        

Comments

You don't need a voucher, dealers will apply a credit at purchase

Jhenry
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www.cashforclunkersfacts.info
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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Wednesdays and Fridays.
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