U.S. Sen. Jay Rockefeller, D-W.Va., helped approve an additional $2 billion for "cash for clunkers," which The Associated Press described as "the economy-boosting rebate program that caught the fancy of car buyers and instantly increased sales for an auto industry long mired in recession."
U.S. Sen. Robert C. Byrd, D-W.Va., did not take part in the 60-37 vote, though he did help confirm Sonia Sotmayor's nomination to the U.S. Supreme Court that day.
AP explains that the program "gives consumers up to $4,500 in federal subsidies if they trade in their cars for new, more energy-efficient models," and that it had exhausted its initial $1 billion.
"Without action, lawmakers risked a wave of voter discontent as they left the Capitol for a monthlong vacation," AP reported. "Supporters of the program hailed its effect on the auto industry -- which had its best month in nearly a year in July -- as well as its claimed environmental benefits."
But critics included Sen. Judd Gregg, R-N.H., who said that "what we're doing is creating debt. ... The bill to pay for those cars is going to come due on our children and grandchildren," the article said.
07 August 2009
He Voted for You: Cash for Clunkers
Posted by Lawrence Messina at 10:00 AM
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