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For clunkers program is very fluid right now there is news out of DC -- just hit the headlines.
That there may be -- -- of that billion dollar allocation Peter Barnes.
Rushing literally onset force here -- here and you're working on this thanks for hopping on the the -- so quickly what's the latest.
Well -- now white house press secretary Robert Gibbs -- just telling reporters that the White House is looking for ways to extend the cash for clunkers program.
It maintains that it is up there and continuing to run it gives us saying that if if you want to buy a car this weekend under the cash for clunkers program.
Go do it he says that they are working with congress -- a bipartisan basis to try to find a solution to this but he says that they're confident.
That they will be able to come up with additional cash.
For the program which they call extremely successful.
That it's benefiting car buyers and dealers the house has.
Alerted its members that some kind of cash for clunkers funding legislation.
Could be added to the scheduled today as you know it's critically important for the house if it's going to act.
To act today because it is the last day that the house is in session before it recesses for itself August break so the house I have to will move on something today.
Meantime one of the leaders in the senate senator Dick Durbin.
Those one of the top democratic leaders there telling one of our producers on the senate side that.
The senate is not sure that it could take up any additional legislation if the house should should pass something today.
But of course the situation as you mentioned is extremely fluid and my gut tells me that the house -- to do something the senate would probably do something as well.
Because this is obviously been.
A popular program.
With consumers and and perhaps -- quite successful as far as that one component of the stimulus package Brian.
All right Peter Barnes keeping us up to date on what is happening very fluid in DC Peter thank you very much.
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