jim's cage: Schumer: $2 Billion More Not Enough For 'Clunkers'

New York Senator Wants $4 Billion For Wildly Popular Program, Says Senate Really Dropped The Ball Initially

NEW YORK (CBS) ―The rebates aimed at getting gas guzzlers off the road have proven so successful, the $1 billion set aside to pay for them is drying up.
But Congress is set to earmark more money for the program.

"Not more than a few weeks ago there were skeptics who weren't sure that the 'Cash for Clunkers' program would work. But I'm happy to report that it has succeeded beyond our wildest expectation," President Barack Obama said.

"There were people in the Senate who didn't like the program and they said 'We won't let it go through. We will filibuster. Try $1 billion and see if it works,'" Schumer said.
He said those senators now have egg on their face.
"This week's evidence shows that people who said the program wouldn't work, who said that the program was the wrong thing to do, are very wrong themselves," Schumer said.
And even the $2 billion extra voted by the House isn't enough said Schumer, who wants at least $4 billion.
"'Cash for Clunkers' is helping jump start our weak economy," Schumer said.
And get gas guzzlers off the road.

Blog comments; Seems to me that this will do nothing for the environment. The amount of energy to make these new cars probably far out weighs the pollution from a car that gets 4 mpg better mileage? Sure sales will go up for the auto companies but then what happens after all the clunkers are gone? Hey…and wait a minute…what about all the poor auto mechanics who keep these clunkers rolling? Will they be out of business? What about the sales tax the new owners have to pay and the increased cost of tabs they will eat? Seems that if they could not afford a newer car then they may have problems paying for plates and insurance (they will now need collision coverage if they want to keep a new car running). And all this is being paid for by tax payers….

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