Senate passes 'cash-for-guzzlers' bill; Obama likely to sign
Fri, 19 Jun 2009
The U.S. Senate passed a scaled-back $1 billion cash-for-guzzlers bill and sent it to President Barack Obama for his expected signature.
The 91-5 vote took place after 5 p.m. Thursday, after the Senate beat back a Republican attempt to strip the auto proposal from a $106 billion spending package aimed primarily at aiding U.S. troops in Iraq and Afghanistan.
The $1 billion initiative that passed the House earlier this week seeks to boost auto sales and increase the fuel economy of U.S. cars and light trucks. It would offer $3,500 to $4,500 cash vouchers for about 3
By Neil Roland- Automotive News