Again, a very popular program that have folks buying or at least LOOKING at new cars.
The Senate reached a deal late Wednesday on saving the dwindling "cash for clunkers" program, agreeing to vote on a plan that would add $2 billion to the popular rebate program and give car shoppers until Labor Day to trade in their gas-guzzlers for a new ride.
Following lengthy negotiations, Senate Majority Leader Harry Reid said Democrats and Republicans had agreed to vote on the plan Thursday, along with a series of potential changes to the bill, which was passed by the House last week. Reid has said Democrats have enough votes to approve the measure and reject any changes that would cause an interruption in the rebates of up to $4,500.
Reid said the agreement "accomplishes what we need to accomplish." The vote was not expected to happen until after 7 p.m. ET. read more here...