U.S. House approves to add 2 bln USD to "cash for clunkers" program

July 31, 2009 11:46 pm 

WASHINGTON, Aug. 1 — The U.S. House of Representatives agreed on Friday to add 2 billion U.S. dollars to the "cash for clunkers" car purchase program after the first 10 billion dollar budget have been exhausted in just a week.

The bill was passed on a vote of 316-109 in the House. U.S. President Barack Obama said he was encouraged by the emergency action to keep alive a program that had "succeeded well beyond our expectations."

The Senate "will try to go to the bill next week," said Jim Manley, a spokesman for Majority Leader Harry Reid.

The "cash for clunkers" program, which offers rebates of up to 4,500 dollars to consumers who trade in old vehicles and buy new, more fuel-efficient models, began July 24 and sparked a surge in car sales. (PNA/Xinhua) ALM


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