{"id":11155,"date":"2009-07-31T00:00:00","date_gmt":"2009-07-31T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"new-funding-sought-for-us-clunker-program","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/new-funding-sought-for-us-clunker-program.html","title":{"rendered":"New funding sought for U.S. &#8220;clunker&#8221; program"},"content":{"rendered":"<p>Reuters &#8211; The U.S. government&#8217;s $<span class=\"yshortcuts\">1 billion<\/span> &quot;cash for clunkers&quot; <span class=\"yshortcuts\">auto sales incentive program<\/span> reached its funding limit unexpectedly after an avalanche of business exhausted its funds, an Obama administration official said late Thursday.                 <\/p>\n<p> Auto dealers began offering government-backed rebates in early July of up to $4,500 to consumers who traded-in their gas-guzzlers for more fuel-efficient vehicles.<\/p>\n<p> But the Transportation Department will need additional cash after rebates for nearly 250,000 vehicles jammed the pipeline nationwide.<\/p>\n<p><strong><br \/><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/us.rd.yahoo.com\/dailynews\/rss\/business\/*http:\/\/news.yahoo.com\/s\/nm\/20090731\/bs_nm\/us_autos_usa_clunkers_sales\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; The U.S. government&#8217;s $1 billion &quot;cash for clunkers&quot; auto sales incentive program reached its funding limit unexpectedly after an avalanche of business exhausted its funds, an Obama administration official said late Thursday. Auto dealers began offering government-backed rebates [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1570,7510,14807,5282,14808,4318,5973,14805,5971,5831,14809,4326,14804,14806],"class_list":["post-11155","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-1-billion","tag-administration-official","tag-auto-dealers","tag-auto-sales","tag-avalanche","tag-consumers","tag-fuel-efficient-vehicles","tag-gas-guzzlers","tag-more-fuel-efficient-vehicles","tag-pipeline","tag-rebates","tag-reuters","tag-sales-incentive-program","tag-transportation-department"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11155"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11155\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}