"Cash 4 Clunkers" Will Reach Vanishing Point Sometime In September

If you’re planning on taking advantage of the Cash 4 Clunkers program you’d better do it sooner rather than later, says Transportation Secretary Ray LaHood. The program is running out of money and the administration says that in the next two days they will outline a plan to gracefully wind it down.

Mr. LaHood says that all vouchers will be paid. “They’re going to get their money,” he said. When asked if the program will continue until its September 18th, his previous estimate, he declined to answer.

End in Sight for ‘Clunkers’ [WSJ]

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