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cash for clunkers done.........it didn't take long for another billion blown....
By Corey Boles and Josh Mitchell Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The Department of Transportation is temporarily suspending its cash for clunkers program from midnight Thursday because Obama administration officials believe the $1 billion allocated to the scheme has been exhausted after just one week, according to several congressional sources. DOT officials were contacting lawmakers offices Thursday evening to inform them that the program would be at least temporarily halted, the sources said. The plan went live on July 24, and it was anticipated it could take several months for the $1 billion designated by Congress for the program to be exhausted. Instead, it has taken less than a week. DOT officials believe all the money may have been spent, but want to suspend the program at least temporarily to allow all transactions to be processed. If it emerges that there is still money remaining, the program could be reinstated. Cash for clunkers allows individuals to trade in older, heavier polluting vehicles for newer, cleaner ones. It was authorized as part of a $105 billion legislation to fund the wars in Afghanistan and Iraq. The measure was intended to spur sales at U.S. car makers and to take heavy polluting cars off the roads. -By Corey Boles and Josh Mitchell, Dow Jones Newswires; 202-862-6601; |
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Originally Posted by mba1620
(Post 2921926)
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Originally Posted by bigandy
(Post 2922073)
$9 and a 1/2 Million dollars is a good deal......... maybe that is why health care is so expensive??? the mba for the hospitals aint so good with the numbers.......... or was it cause the price is at the top of the ad and your just not tall enough to see it :evilb: :) :evilb:
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We're gonna drag the Black Thunder up to Conroe tomorrow to tool around lake. There aren't any water level issues correct? I heard just a little lower than the poker run correct? If any of y'all are out, give a yell. Tommy
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Originally Posted by THLWL
(Post 2922203)
We're gonna drag the Black Thunder up to Conroe tomorrow to tool around lake. There aren't any water level issues correct? I heard just a little lower than the poker run correct? If any of y'all are out, give a yell. Tommy
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Originally Posted by txriverrat2001
(Post 2922240)
Tommy - staying the weekend up there? We're thinking about running Waynes new NorTech Sunday around here so if your around maybe we can raft up somewhere - oh wait - he'll probably never want to stop being it's new to him ..... LOL!!
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I plan on being out on Sat. Who all is thinking about hitting the water?
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Originally Posted by Rcolter
(Post 2922278)
I plan on being out on Sat. Who all is thinking about hitting the water?
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