Senators Introduce Much Stronger Cash-for-Clunkers Proposal

Just as the House Energy and Commerce Committee was passing a not-very-green cash-for-clunkers amendment to the Waxman-Markey bill, three senators introduced a rival proposal with much stronger environmental standards.

Sens. Dianne Feinstein (D-Calif.), Susan Collins (R-Maine) and Chuck Schumer (D-N.Y.) co-sponsored a measure today that would modestly increase the More…

Democrats Reach Compromise on Cash-for-Clunkers

House Democrats have just reached a compromise on a cash-for-clunkers bill that would provide financial incentives for people to trade in their old gas-guzzlers for more fuel efficient vehicles.

From the Energy and Commerce Committee’s press release:

Under the agreement, consumers may trade in their old, gas-guzzling vehicles

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