Cash for Clunkers: June 9, 2009
Today the House voted to pass "Cash for Clunkers", the Consumer Assistance to Recycle and Save Act (H.R. 2751), which allows consumers to trade in their old, gas-guzzling vehicles and receive vouchers worth up to $4,500 to help pay for new, more fuel efficient cars and trucks. This commonsense program will start July 1, 2009 and will be available for one year.
"Cash for clunkers" will help grow our clean energy economy, cut down on pollution and is another step toward a greener, cleaner future. In addition, the smart bill saves consumers money at the pump, reducing our gas consumption by over 250 million gallons and strengthens the auto industry, increasing demand for more fuel efficient cars and trucks. Not only does the bill help our auto industry manage this tough time, but it saves American jobs and strengthens our national security by reducing our dependence on foreign oil. I encourage you all to take advantage of this opportunity.