'Cash for Clunkers' Continuation Looks Good

If you are wanting to participate in the federal government's "Cash for Clunkers" program that quickly ran out of money, you will have a second chance. Passage by the Senate looks likely before Friday.

Senate Majority Leader Harry Reid warned senators that their coveted August vacation may be jeopardy if the measure was not passed.

"If we don't work something out on the cash for clunkers," Reid said from the Senate floor Wednesday morning, he would file motions to close debate. Under Senate procedure, that could mean votes on both Friday and Saturday, when lawmakers would otherwise be scattering for their coveted summer break.

"We all acknowledge there's a significant majority that want to move forward with this legislation," said Reid, D-Nev.

On a personal note, my 21-year-old car missed the mileage threshold by one mile per gallon, so I will be keeping it a while longer.