Yay! Oh...no...wait...
http://www.politicsdaily.com/2009/08/04/cash-for-hummers-taxpayers-foot-the-bill-for-guzzler-upgrades/When the House passed the $2 billion addition to "Cash for Clunkers" last week, President Obama touted the environmental benefits of the soon-to-be $3 billion taxpayer funded program, promising it will "help lessen our dangerous dependence on foreign oil, while reducing greenhouse gas emissions and improving the quality of the air we breathe."
But will buying a new Hummer H-3, Chevy Suburban or Ford F-250 Super Duty pickup really reduce America's craving for crude? Somebody thinks so, because they're all eligible new cars under the Cash for Clunkers program, which gives a $3,500 to $4,500 credit to car buyers trading in older gas guzzlers for more fuel-efficient cars.
Author