Cash For Clunkers Suspended
Cash For Clunkers Suspended – Cash for Clunkers Suspended is the headline that is frustrating millions of Americans this evening.The Department of Transportation has announced that they are suspending the very successful program called CARS, or Cash for Clunkers because the $1 billion budget for rebates for new auto purchases may have been exhausted in only a week.But there is a glimmer of hope seeing that White House press secretary Robert Gibbs said:
“We are working tonight to assess the situation facing what is obviously an incredibly popular program.Auto dealers and consumers should have confidence that all valid CARS transactions that have taken place to date will be honored.”
The government was supposed to run the program until November.
That’s all we have for now on Cash For Clunkers Suspended.
