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"Cash for Clunker" Bailout Problem?

'Clunkers' Program Hits a Speed Bump

August 06, 2009 6:01 PM

ABC News' Jonathan Karl reports: The effort to inject another two billion dollars into Cash for Clunkers has hit a potential road block in the Senate that could kill the bill.

Republiicans are throwing their support behind an amendment offered by Tom Harkin, D-Iowa, that would limit clunker rebates to individuals with annual incomes of 50 K or less. With Republican support the amendment stands a good chance of passing unless the majority of Democrats, who mostly favor the amendment, vote against it.

http://blogs.abcnews.com/thenote/2009/08/clunkers-program-hits-a-speed-bump.html
Tags: Bailout  
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