President Obama Signs Cash For Guzzlers

President Obama Signs Cash For Guzzlers
Share this Article
After passing through both the Senate and the House, the Cash-for-Guzzlers bill has been signed by President Obama. Known also as Cash-for-Clunkers, the official name of the legislation is CARS – the Car Allowance Rebate System. Vehicles that are traded in must get 18 mpg or worse and be newer than 25 years old. For… Continue Reading...

“Cash for Guzzlers” Approved by House

“Cash for Guzzlers” Approved by House
Share this Article
Late yesterday the House of Representatives approved a bill that would offer consumers up to $4,500 to trade in their vehicle on a more fuel-efficient machine. The legislation must now go before the Senate before President Barack Obama is expected to give it final approval. The bill passed with a strong majority of 298 to… Continue Reading...