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Wednesday, August 5, 2009

Senate Prepared to Vote on Cash for Clunkers

(CBS/AP) Pressing colleagues to replenish the "cash-for-clunkers" program, Senate Majority Leader Harry Reid warned lawmakers they might miss their August vacation takeoff plans Friday if they don't quickly pass the $2 billion measure.

"If we don't work something out on the cash for clunkers," Reid said from the Senate floor Wednesday morning, he would file motions to close debate. Under Senate procedure, that could mean votes on both Friday and Saturday, when lawmakers would otherwise be scattering for their coveted summer break.

"We all acknowledge there's a significant majority that want to move forward with this legislation," said Reid, D-Nev.

It was the senatorial version of a parents' warning to bickering children: Work it out, or the car will be turned around instantly.

There was every indication that lawmakers would extend the popular program, which offers car buyers rebates of up to $4,500 for trading in their gas-guzzlers for new, higher-mileage models.

Reid had said on Tuesday that he had the votes to pass a $2 billion extension already approved by the House, the amount President Barack Obama says is necessary to meet a surging demand that would otherwise deplete the program by Friday. He said Wednesday there are estimates that as many as 300,000 vehicles have been bought under the program.

Many Republicans oppose the plan - and some Democrats have concerns as well. But none was predicting that any senator would block or delay a vote.

"The matter will be completed," said Senate Republican Leader Mitch McConnell of Kentucky.

Meanwhile, Transportation Secretary Ray LaHood proclaimed the program a roaring success. He said Wednesday that in just a brief time, "the government has proved we can get money out the door and sell almost 160,000 cars." - CBS News Story

Wow, isn't that great! The Government is in the car selling business. I am glad the Transportation Secretary is a Car Salesman.

How hard is it to sell cars or anything else for that matter when you are willing to give them $4500 down on it without strings. I am sure that we could sell a lot of stuff if we offered them big discounts.

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