Daily Briefing: Wed.
A SLAM CLUNK? The "cash for clunkers" rebate program may get a critical $2 billion fill-up this week, as congressional leaders scramble to sustain its runaway success. Senate Majority Leader Harry Reid said Tuesday that he has enough votes to replenish the impoverished program for another month, vowing to vote on the matter before the upcoming August recess. The AP reports that GOP opposition is eroding, with critics such as Sens. Mitch McConnell and Jim DeMint unwilling to push too fiercely against the popular rebates, which are giving consumers up to $4,500 when they trade in older, gas-guzzling cars for newer, fuel-efficient ones. While climate experts say the program is barely a drop in the overall greenhouse-gas bucket, more than 240,000 Americans have already traded in their clunkers, yielding an average efficiency increase of 61 percent. "It's really small numbers," a scientist with the University of Michigan's Transportation Research Institute tells the AP. "But if you don't start somewhere, where are you going to start? It heads the country in the right direction." (Sources: Associated Press, AP, TIME)
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