It has been a boxing match from Edmunds.com and the White House this week. It all started when Edmunds.com published the press release titled “Cash for Clunkers Results Finally In: Taxpayers Paid $24,000 per Vehicle Sold, Reports Edmunds.com“. The White House responded a day later on their blog with the
On Thursday President Obama signed into law H. R. 3435 supplementing $2 billion to the National Highway Traffic Safety Administration (NHTSA) of the Department of Transportation (DOT) for the Consumer Assistance to Recycle and Save Program. The CARS (Car Allowance Rebate System) program, or Cash for Clunkers as it has
President Obama signed the bill containing the Car Allowance Rebate System program, also known in the press as the Cash for Clunkers legislation. To help consumers, the National Highway Traffic Safety Administration (United States Department of Transportation) created a new website CARS.gov. CARS.gov published the following “Things to Know”: Your
One way to get legislation through Congress is to tag it to an important Appropriations Bill. That’s how the “Cash for Clunkers” made it through the Senate. As part of the final Supplemental Appropriations Act of 2009, it is likely that President Obama will sign this Bill into Law. I
One day has passed since America’s 3rd largest automaker, Chrysler filed for Chapter 11 bankruptcy protection. Lawmakers have been working for months to nail down a bill that would help stimulate auto sales. Timeline: January 14, 2009 – “Accelerated Retirement of Inefficient Vehicles Act of 2009” – S. 247 Here
