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Published: Thu, 6 Aug 2009
Description: The Senate reached a deal on saving the "cash for clunkers" program late Wednesday, agreeing to vote on a plan that would add $2 billion to the popular rebate program and give car shoppers until Labor Day to trade in their gas-guzzlers for a new ride. Watch our Let it Rip for more .
Full Article: http://www.myfoxboston.com/dpp/morning/cash_for_clunkers_deal_reached_080609
Automatically Generated Transcript (may not be 100% accurate)
" I'm -- was we're talking more about the cash for clunkers program is -- to -- ran out of money tomorrow. And it is expected to vote today to approve another two billion dollar. To keep that program running at least through Labor Day the news anymore borrowing how good is that and he. Continue to be what are they gonna do come Labor Day that down you know what this program going what we need to bar even Mormon or another billion dollars and at -- and help the auto industry what up other industries for you wanna catch or whatever are. Type of business at her new news cast for new eating cat -- word resident."
" Did you have to wait it what does it went so well what does that mean for -- and who's paying the billion dollars billion car they keep going out. --"
" Why wasn't this part of the original stimulus. Joe as a poet who borrowing money from China now is who pointed out many times during our story. A -- where does it -- when do you stop borrowing when you're not going into debt me at some point this is all gonna come back to bite isn't --"
" first of all politicians in Washington and everywhere love -- their loved to be able say -- south. We're very important so we're gonna designate that 4500 dollars will go to the cash for clunkers program the fact is by the way. When you add at a rate of clock because everything in government as your are attached to it. They really thousand dollars for a top. To the taxpayers of this country they should just cut. -- is for everybody across the -- you put a number to go by -- I go by and large. Number by Cox they have the individual freedom to make that the Asian governments not pointing them and direct that they're doing now at its car -- little -- in the market."
" I'd like the government -- and own up part of a shoe manufacturers. -- washing machine manufacturers and they do with a car industry. Always there conflicted picture here in the part of the federal government in terms of what they want people who are what party coming they do want."
" And even that it probably is a conflict of interest that they can't even control. Whether it that -- a -- go to buy a far and are so it doesn't even as early come back to American -- they should've given everybody an attack out across the blood that would now quality problems when they had they had to get tricky -- the way they did with Fannie Mae and Freddie -- on housing which I did a whole problem and now they want our health care ethic edit. While doing. Reports. But -- and you know what they gonna do people who were going to buy car eventually anyway a buying. It now taken the 4500 -- and we'll have a fight got a -- the when the program stop you'll have a decrease."
" And along the lines don't mean at some point again and it -- it's got and and tell -- they gonna do I hear more free money to overwhelm buy cars that means they'd started the first billion wasn't enough that are two billion lord of the -- and emirates is -- be to of a continuing to seek it out to native bending like drive Taylor is accused drunken -- is a bad name off. My thoughts on that dot com -- they still play and made little don't want to -- Internet."
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