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'Cash for Clunkers' Bill Passes
- Date: June 18, 2009
- QUOTE: in passing the bill on June 18 as an add-on to funding for the wars in Iraq and Afghanistan, Democrats also defeated the "green" wing of their own party, who wanted to do much more to favor the purchase of passenger cars over pickup trucks and SUVs. The bill, which President Barack Obama is expected to sign, will enable many consumers who take advantage of the program to buy trucks that are barely more fuel-efficient than their old guzzlers.
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- Read it: BusinessWeek
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