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Senate will OK "clunker" extension this week: Reid

The U.S. Senate will approve a $2 billion extension of the "cash for clunkers" auto sales incentive by week's end, Majority Leader Harry Reid said on Tuesday, giving new life to a successful program that has boosted industry sales to a 2009 high.

 

'Clunkers' Rebates at Risk Unless Senate Acts

'Clunkers' Rebates at Risk Unless Senate Acts

The "cash for clunkers" program could be ended as early as Tuesday unless the Senate approves $2 billion in additional funding, as consumers have jumped at the chance to trade in their aging gas guzzlers.

 

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