I just read about the "cash for clunkers" program in several different news articles. It really grabed my attention, and I'm sure it will grab yours as well.
If this bill is passed the government would buy cars that are a minimum of 8 years old, and recycle there different parts. For turning in your clunker you would receive a government voucher for somewhere between $3,000-$7,500. Sounds pretty good so far.
The programs goal would be to get many of the fuel-ineffient cars off the road. This would in turn help reduce polution, as well as our reliance on foreign fuel. This program was already implemented in Germany, and they say their car sales went up 21%.
Of course, there is more to this bill than I have been able to write about here, so for more information I would suggest googling "cash for clunkers" or checking out U.S.News and The Washington Post for more complete articles.
Once I went through the pros and the con's of the program, I'm not so keen on it.
Please post your opinions.
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