House OKs $2 billion more for 'cash for clunkers'
Shawn Thew / European Pressphoto Agency
President Obama discusses an increased funding proposal for the "cash for clunkers" program and the broader economy at the White House.
But legislation to keep the program from running out of money faces a tougher time in the Senate. The Obama administration says rebate requests will be honored at least through Sunday.
Reporting from Los Angeles and Washington -- House lawmakers rushed to the rescue of the "cash for clunkers" program Friday, approving an additional $2 billion to keep the wildly popular initiative from running out of money. But its future beyond this weekend still remains a question mark.
The Obama administration promised consumers that rebate requests would be honored at least through Sunday to avoid damping enthusiasm for one of the most successful economic stimulus efforts yet. But the White House did not make any commitments beyond that, and the new money to keep the program alive faces a rougher road in the Senate next week.
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