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Well, so much for that. Cash for Clunkers is broke.
#7
The plan was a one billion dollar appropriation by congress. The plan did not have any way to replenish itself, so it would obviously "go broke" eventually. A poor choice of words, IMHO.

The quicker the funds run out, the more popular the plan is, eh? I deliberately avoided the term "successful" since I have no idea if it is/was.
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Re: Well, so much for that. Cash for Clunkers is broke. - by Lux Interior - 07-31-2009, 07:54 AM

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