Senate set to vote on ‘Cash for Clunkers’ extension

WASHINGTON (CNN) — A Senate vote on an extension of the popular Cash for Clunkers program is expected Thursday as lawmakers rush to finish business before their August recess.

The House voted to add $2 billion to the program before it adjourned for the summer on Friday. Now the Senate must agree for the additional money to become available right away. Read the full story

The government suspended this program prior to the end of last week due to the possibility that it would run out of money at any moment – after only 3 days of operation.

$2B boost for clunkers now awaits Senate vote

WASHINGTON — The Obama administration tried to regain control of the cash-for-clunkers program Friday, rushing a $2-billion refueling through the House and reassuring buyers and dealers that the plan to spur new car sales was still alive. Read the full story