(H.R. 3435) On passage of a bill that provided two billion dollars in additional funding for the “Cash for Clunkers” program; that program provided cash rebates of a few thousand dollars each to consumers to encourage them to trade-in their old gas guzzling cars for new ones that get better gas mileage
house Roll Call 682
Jul 31, 2009
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Member's Vote
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This was a vote on H.R. 3435, which provided two billion dollars in additional funding for the “Cash for Clunkers” program that encouraged consumers to trade-in their old gas guzzling cars for new ones that get better mileage. Congress had originally passed legislation which created the program and provided one billion dollars in cash rebates, of a few thousand dollars each, to consumers. The goal was to encourage consumers to trade-in their old gas guzzling cars for new ones that get better gas mileage. The program was intended to reduce gas consumption and to stimulate new car sales. It was so successful, that the billion dollars in original funding was going to be quickly exhausted. Additional funding was needed. This legislation allowed the administration to transfer up to two billion dollars of previously-approved funds to the Cash for Clunkers program from the Department of Energy's Innovative Technology Loan Guarantee program. It was not anticipated that the loan guarantee program would need those funds for at least a year. |
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Key: Y=Yea, N=Nay, W=Win, L=Loss |