The Associated Press
WASHINGTON (AP) - President Barack Obama praised members of Congress from both parties for rushing to pump new money into a popular cash-purchase program that is running out of money.
Obama spoke Friday as the House passed the measure 316-109. It would pour $2 billion from the economic stimulus program into the "cash-for-clunkers" initiative and to give consumers more time to take advantage of trade-in rebates for older cars.
The president said initially there had been skeptics about the car-purchase program, but that now "we're already seeing a dramatic increase in showroom traffic" across the country. He said the program "gives consumers a break" and helps to reduce pollution.