The Washington Independent

Posts Tagged sutton

Cash to Trade Clunkers for Clunkers?

By | 06.17.09 | 6:00 am

suvs
On its surface, it sounds like a wonderful environmental benefit: A program providing thousands of dollars to drivers who scrap their gas guzzlers in favor of more fuel-efficient models. Yet critics on and off Capitol Hill say the so-called “cash-for-clunkers” initiative has morphed into a billion-dollar industry handout, allowing More…

Democrats Reach Compromise on Cash-for-Clunkers

By | 05.05.09 | 2:50 pm

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

More…

People Are Afraid Cash-for-Clunkers Will Be Too Successful?

By | 04.08.09 | 11:01 am

President Obama is pushing a compromise cash-for-clunkers program that will bridge the gap between two competing bills and provide a sliding incentives scale, whereby drivers will receive a cash voucher for trading in their old cars for more fuel-efficient ones — the greater the increase in efficiency, the More…