White House says Cash for Clunkers is still running, even if they don't have the money for it???
Source:White House Says Cash for Clunkers Is Up and Running
The White House insists the too-successful cash for clunkers program, despite running out of money, remains up and running Friday and will continue to operate through the weekend as the administration seeks additional funding for it.
White House Press Secretary Robert Gibbs told reporters the Car Allowance Rebate System (CARS) program remained "up and continuing to run," according to Politico.com. For those intending to buy a car over the weekend, "the program will be in place," Gibbs said.
But Gibbs did say the administration is trying to find additional funding the program even as Congress recess for the August break. Congress reportedly is voting Friday on an additional $2 billion for CARS. An update is expected later in the day.
What happens if they spend another billion over the weekend? Even if Congress hasn't OK'd it?