Financial Times FT.com

‘Cash for clunkers’ gets $2bn boost

By Daniel Dombey in Washington

Published: August 6 2009 19:15 | Last updated: August 7 2009 01:49

The US “cash for clunkers” programme, which pushed July car sales higher after a record-breaking slump, tripled in size on Thursday as the Senate extended it by $2bn.

Hostile amendments were easily defeated in a final vote of 60-37, following sustained White House and industry pressure.

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