More Cash for Clunkers: July 31, 2009

I voted today to divert $2 billion, previously approved in the American Recovery and Reinvestment Act earlier this year, to provide additional funding to the Cash for Clunkers program. 

I’m pleased to see the Cash for Clunkers program motivating consumers to trade in less fuel efficient cars.  The incentives are not only spurring growth for the auto industry but by getting money flowing into the economy, helping it down the path to recovery.  

This commonsense program deserves additional federal support as we seek to get our economy moving again, save consumers money, and reduce our gasoline consumption in an effort to grow our clean energy economy.  Not only does the bill help our auto industry manage this tough time, but it saves and creates good-paying American jobs and strengthens our national security by reducing our dependence on foreign oil. I encourage consumers to continue to take advantage of this opportunity.