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‘Cash For Clunkers’ Advances

From Reuters : President Barack Obama and Democratic lawmakers reached agreement on Tuesday on a legislative proposal designed to stimulate U.S. auto sales, which have fallen to near 30-year lows. The one-year plan crafted by members of the U.S. House of Representatives would offer vouchers worth up to $4,500 for owners to replace their less fuel efficient vehicles for models that get better gas mileage . The goal of the “cash for clunkers” legislation is to sell 1 million vehicl

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‘Cash For Clunkers’ Advances

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