…jumbo shrimp…civil war…congressional ethics…
The government plans to suspend its popular “cash for clunkers” program amid concerns it already has used up the $1 billion in rebates for new car purchases, congressional officials told The Associated Press on Thursday.
Through late Wednesday, 22,782 vehicles had been purchased nationwide through the program and nearly $96 million had been spent.
Wait…WHAT?…They’re suspending a billion dollar program because they’ve already spent a whopping 9.6% of it???
But dealers raised concerns about huge backlogs in the processing of the deals in the government system, prompting the suspension.
“There’s a significant backlog of ‘cash for clunkers’ deals that make us question how much funding is still available in the program,” said Bailey Wood, a spokesman for the dealers association.
Government efficiency in action.
I can’t wait until they’re running our health care system…can you?
BTW: “popular…program”??? Popular with whom? The program is a farce. I doubt that it could rationally be considered “popular” even with the tiny percentage of people in the US who’ve taken advantage of it.