Senate Passes Cash For Clunkers Bill

Cash for Clunkers 2.0
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This is really big news.? The US Senate has just passed Cash for Clunkers or Cash for Guzzlers legislation and it is now headed to the President’s desk for signature.? President Obama is expected to sign the legislation into law.

The bill passed the Senate on a vote of 91-5 after Senate Dems were able to keep it attached to a larger war funding bill. The new law should take affect 1 month after it is signed and is extended through November with a change for renewal then.

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