Sounds like a clunker to me. Apparently, the “cash for clunkers” program is still on – either through today or maybe even beyond. By all accounts the program has been a great success as folks are lining up to trade in their cars for more efficient, newer vehicles.
The program was going to be halted because the one billion dollars allocated for it was running out. Now, it is not going to be stopped.
So does the government have any idea how much is left for the program? Maybe, maybe not. This is not the first time this program has had issues. The site where dealers signed up to participate crashed when too many dealers wanted in on the program.
At the end of the day, we have a good program that is doing well, being botched by the government. I shouldn’t be surprised. Don’t worry, by the time the feds take over health care, they’ll work out the kinks and they won’t stop the program mid-surgery on anyone.
We’ll see how long the program keeps going – whether its just through today, the weekend or even longer…