Detroit Free Press
WASHINGTON — Four days after it launched, the popular cash-for-clunkers program has burned through its $950-million budget, sending the Obama administration scrambling to find additional money tonight and avoid a shutdown of the program.
http://freep.com/article/20090730/BUSINESS01/90730081/Government-suspending-cash-for-clunkers-plan
And this from Politico:
The Obama administration is telling lawmakers that just a week after it took effect, its $1 billion “cash-for-clunkers” program is already running out of money and will be suspended Thursday night, according to three Senate aides familiar with the discussions.
…and finally this from the New York Times:
The White House said Friday that the “cash for clunkers”
program was still alive even though the $1 billion that Congress had appropriated for it has already been snapped up.
…and finally, for the end of the day news on this issue:
The House has passed a $2 billion spending bill to save the “cash for clunkers” program, on a 316-109 vote.