Well we sure can't have a program that creates jobs now can we?

[BobRossi]

"WASHINGTON (AP) -- The government plans to suspend its popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases, congressional officials said Thursday.

The Transportation Department called lawmakers' offices to alert them to the decision to suspend the program at midnight Thursday. The program offers owners of old cars and trucks $3,500 or $4,500 toward a new, more fuel-efficient vehicle.

The congressional officials spoke on condition of anonymity because they were not authorized to speak publicly. Rae Tyson, a spokesman for the National Highway Traffic Safety Administration, which administers the program, declined comment.

Congress last month approved the Car Allowance Rebate System program, known as CARS, to boost auto sales and remove some inefficient cars and trucks from the roads. The program kicked off last Friday and was heavily publicized by car companies and auto dealers.

Through late Wednesday, 22,782 vehicles had been purchased through the program and nearly $96 million had been spent. But dealers raised concerns about large backlogs in the processing of the deals in the government system, prompting the suspension."

http://finance.yahoo.com/news/AP-sources-Govt-to-suspend-apf-3529110957.html?x=0&sec=topStories&pos=1&asset=&ccode=

[louis-t]

1. Think that's bad? Repugs here in MI

want to stop the tax breaks for the movie industry because it's "too expensive". They don't want our Dem governor getting credit for creating jobs in this state. Before the tax rebate=2 movies being filmed in MI. After tax rebate=35 movies being filmed or in pre-production. Residual job creation from 35 movies? Catering, new casting companies, costumers (my S-I-L is one), temp housing (I installed blinds in a high-rise in Royal Oak that has about 10 units leased out to movie people), car rental, etc.

[Tierra_y_Libertad]

2. We already have one. Wars. Of course, they are a tad expensive.