'Cash for Clunkers' Suspended? Funds Already Running Out

Congressional leaders scrambled today to find a way to keep the wildly popular Cash for Clunkers program up and running after heavy demand threatened to dry up the $1 billion set aside for the initiative. White House spokesman Robert Gibbs said Friday that for now, the program that gives cash vouchers to people who trade in their gaz guzzling cars, "is up and continuing to run." Reps. Sander Levin, D-Mich., and Betty Sutton, D-Ohio. announced Friday they will introduce legislation to provide...Full Story
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