Showing posts with label Congress. Show all posts
Showing posts with label Congress. Show all posts

Friday, June 19, 2009

Cash For Clunkers : Explained

Wondering about the Cash For Clunkers Program ? It all makes sense now :
From Big Hollywood :
You can trade in a car getting 18 miles per gallon or less for a car getting at least 22 mpg. But the voucher would grow to $4,500 if the new car’s mileage is 10 mpg higher. Now, if you own an old SUV, you could receive a $3500 voucher, if your new wheels ... Read more... 

reluctance to take Congress at its word on savings

Democrats’ $1-Trillion Health Care Plan to Cost 23 Million Americans Their Private Insurance, CBO Says
 
Best line :
"Dodd then complained that the CBO does not take Democrats’ plans for future cost savings into account when it calculates the cost of the bill, saying that the non-partisan office’s reluctance to take Congress at its word on savings assumptions skewed the final analysis."