White House planning to wind down Clunkers program (AP)

Posted on August 20th, 2009 by admin in topstories

In this photo taken on Aug. 16, 2009 a 1997 Cadillac Sedan De Ville that was traded in as part of a government rebate program is at a Ford dealership on Sunday, Aug. 16, 2009, in Centennial, Colo. Transportation Secretary Ray LaHood assured car dealers Wednesday that they will be reimbursed for sales made under the Cash for Clunkers program and said the department would soon offer plans to wind down the popular car incentives. (AP Photo/David Zalubowski)AP - The Obama administration is developing plans to wind down the popular Cash for Clunkers program and could announce by Friday when the incentives will no longer be available.


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