July 31st, 2009
10:11 AM ET
4 years ago

'Cash for clunkers' good through weekend, maybe beyond

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(UPDATE, 1:25 pm: The House has passed the $2 billion extension of the cash for clunkers program 316-109; there will be no Senate vote before Monday)

WASHINGTON (CNN) – White House spokesman Robert Gibbs said Friday the extremely popular "cash for clunkers" program is still up and running at least through this weekend, and said Obama administration officials are working furiously behind the scenes with Congressional leaders to find extra money to extend the program for a longer time period.

"It's up and running," Gibbs told reporters in his office, adding that it "can, will and should" continue indefinitely.

Meanwhile, Sen. Debbie Stabenow of Michigan announced that lawmakers are closing in on a deal with the White House that would give the program, which allows consumers to trade in old cars for newer more fuel-efficient vehicles, an extra $2 billion to continue and expand it.

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