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Cash for Clunkers Misses Senate Vote

June 04, 2009

WASHINGTON — Objections from members of the Senate Appropriations Committee have derailed efforts to add a "cash-for-clunkers" rider to a piece of legislation due to be voted on this week, according to an article in the Detroit News.

A cash-for-clunkers program would tap federal funds to add purchase incentives for Americans willing to trade in older, gaz guzzling vehicles against a new-car purchase. Supporters say such subsidies would help stimulate flagging vehicle sales.

Similar measures in the House of Representatives have also failed to reach the voting stage. The full text of the Detroit News article can be found here.

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