Iowa Independent

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‘Cash for clunkers’ bill passed by House

A bill allowing consumers to trade in gas-guzzling automobiles for a $4,500 voucher for more fuel-efficient vehicles passed the U.S. House Tuesday.
Co-sponsored by Iowa Democratic Rep. Bruce Braley, the “cash for clunkers” legislation is designed to boost car sales during a bleak period for the auto industry. It also aims to reduce the amount of [...]