Slashdot is powered by your submissions, so send in your scoop


Forgot your password?

Submission + - SPAM: Obama to sign "Cash for Clunker" bill 3

coondoggie writes: "That old car of yours may soon be worth more to you than you think. A $1 billion cash-for-clunkers bill has been sent to President Obama for his signature, after the Senate approved the bill as part of a broader $106 billion war spending package. The idea is to stimulate car sales by offering as much as $4,500 to owners of older cars who trade in older, less-efficient vehicles. The act will go into effect 30 days after the president signs the bill, and will run through October 31. [spam URL stripped]"
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Obama to sign "Cash for Clunker" bill

Comments Filter:
  • ... this is almost tantamount to punishing folks, like myself, that have been driving efficient cars from the get-go, but after doing the math, my Neon has cost me about $0.16 a mile over the past 9 years to own so I guess I can't complain too much.

  • Instead of redistributing our wealth in forms that those contributing will probably not benefit from, why not just reduce taxes for everyone?

There must be more to life than having everything. -- Maurice Sendak