Cash for clunkers
The "Cash for Clunkers" program, designed to get customers to trade in less fuel-efficient vehicles for more fuel-efficient ones, is working its way through Congress. The program would provide vouchers of up to $4,500 toward the purchase of new vehicles, as long as the deal meets eligibility requirements based on fuel economy standards and the price of the new vehicle.
It has generated considerable debate. Backers say it will help take gas guzzlers off the road for good, since they would be scrapped, and give the new-car business a much-needed boost. Critics say the program is a poor use of taxpayer dollars or doesn't go far enough in its requirements for fuel economy.
What are your thoughts on the program? Do you intend to take advantage of it if it goes into effect?
-- Matt Glynn
