August 7: Cash for Clunkers gets an emergency $2 billion on this date in 2009
It was five years ago that President Barack Obama signed an emergency bill on this date to add $2 billion to the Cash for Clunkers program, a government incentive to trade in gas guzzlers for new, more efficient models with rebates up to $4,500. Federal planners had expected the program’s original $1 billion budget […]
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August 7: Cash for Clunkers gets an emergency $2 billion on this date in 2009

It was five years ago that President Barack Obama signed an emergency bill on this date to add $2 billion to the Cash for Clunkers program, a government incentive to trade in gas guzzlers for new, more efficient models with rebates up to $4,500. Federal planners had expected the program’s original $1 billion budget […]

Full Story & Video