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'Cash For Clunkers' Kaput?

Posted by: Tim Halbur

31 July 2009 - 1:00pm

The Fed's "Cash For Clunkers" program, which set aside funds to give people an incentive to trade in old polluting cars for newer models, is already reportedly running out of money. (VIDEO)

A rumor circulated that the program was being suspended, but the White House denies it.

"White House spokesman Robert Gibbs said Friday that for now, the program that gives cash vouchers to people who trade in their gaz guzzling cars, "is up and continuing to run.""

(VIDEO)

Full Story: 'Cash for Clunkers' Suspended? Funds Already Running Out
Source: ABC, July 31, 2009
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There are limits to the amount of pollution the environment can absorb without reducing ecosystem services and impairing both human health and the sustainability of our economy.
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