Late Thursday, The Associated Press reported the government would suspend the cash-for-clunkers program that provides vouchers worth up to $4,500 to consumers
“„White House spokesman Robert Gibbs said in a statement that the administration is “evaluating all options” to keep the program funded.
“„“We are working tonight to assess the situation facing what is obviously an incredibly popular program,” the statement said. “Auto dealers and consumers should have confidence that all valid CARS transactions that have taken place to-date will be honored.”
“„Lawmakers from Michigan held a conference call Thursday night to discuss the matter and were scheduled to have another joint call at 9 a.m. Friday. They were preparing to speak with Obama administration officials about obtaining more funding, staffers said, and were committed to finding a way to extend the program.
“„“We’re going to try to figure out what’s a realistic amount of money and get it into the program,” said Rep. Mike Rogers (R-Mich.).