Homes vs. Cars: Which Stimulation Package is Working?

The Center for Public Integrity runs the numbers, and finds that Americans are cashing in on "Cash for Clunkers" at a rate of $77 million a day, vs. $39 million for the first-time homebuyer credit.
August 10, 2009, 6am PDT | Tim Halbur
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"Numbers for both programs are a bit fuzzy, but the clunkers program, which won a $2 billion increase in funding in a Senate vote Thursday evening, seems to have burned through in ten days close to the amount of cash the first-time homebuyer credit cost in a month."

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Published on Friday, August 7, 2009 in Center for Public Integrity
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