‘Cash for Clunkers’ good through Friday (10:17 AM)
July 31, 2009 10:17 AMBy Ken Thomas, Associated Press Writer
WASHINGTON (AP) - The Obama administration promised on Friday that the financially strapped “cash for clunkers” program will be good at least through the day.
Sen. Carl Levin, D-Mich., said he got the word from Transportation Secretary Ray LaHood as members of the Ohio and Michigan congressional delegations huddled on Capitol Hill to discuss ways to keep the popular program going.
“Beyond Friday,” Levin said, “depends on whether the administration can find some money.”
One participant in the meeting said they were examining possible funding sources and whether there were any glitches in the computer system. The participant, who spoke on condition of anonymity because of the sensitivity of the talk, said they were also studying how many dealers had enrolled in the system.
Through Wednesday afternoon, more than 23,000 dealer franchises were participating, according to the National Highway Traffic Safety Administration.
The administration dispatched Brian Deese, a top adviser to the Treasury’s auto task force, to the Hill meeting.
John McEleney, chairman of the National Automobile Dealers Association, said many dealers have been confused about whether the program will be extended and for how long. Many had stopped offering the deals Thursday after word came out that the funds available for the refunds had been exhausted.
“We are hoping for some clarity from the White House and Congress before the day is over,” McEleney said Friday.
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