Friday, July 31, 2009

Cash for Clunkers Program Already Out of Money---And They Want to Run Health Care?


The federal government wants to run your health care, but a program that was suppose to last 4 months has only lasted 4 days because they are running out of money.

From the AP:

WASHINGTON (AP) - The government's popular "cash for clunkers" program may be running out of money after only a matter of days as car shoppers flock to dealerships to take advantage of the rebates.

The White House said Thursday it was assessing its options amid concerns the $1 billion budget for rebates for new car sales may have been depleted. The program officially began last week and has been heavily publicized by automakers and dealers.


So, they want to manage the health care in this country, and they can't even budget a idiotic program like Cash for Clunkers?

Ahhhhh, the hope and change we can all believe in...

********UPDATE*********

From Fox News:

The House raced Friday to pass legislation to inject an additional $2 billion into the "cash for clunkers" program, whose immediate popularity this week threatened to sink the program.

The $2 billion boost would be created by shuffling around funds from the Recovery and Reinvestment Act, an emergency stimulus for the original $1 billion budget for rebates on new cars that lawmakers worried had been exhausted in only a week.


As always, using money we don't have...

2 Comments:

  1. My husband and I checked it out. It is a rip-off. And they're going to sell the cars to China.

    ReplyDelete
  2. Yea that should woek out well. The extra money that will need to be shelled out by Obama and the Dems should also help the National debt. Similar to the theory on the Medical plan.

    ReplyDelete