Taxpayers Spent $1.4 Million For Every Cash For Clunkers Job Created

Say, remember a few years ago when the government was giving people money to ditch their old car in exchange for something shiny and new? It saved the American car industry and fixed the environment, right? According to new report by the Brookings Institution think tank in D.C., the answer is "kinda, but not really." » 11/01/13 1:40pm 11/01/13 1:40pm

Surprise! 'Cash For Clunkers' Was Really Bad For The Environment

Remember "Cash for Clunkers," that program implemented in 2009 where the federal government was giving people money to buy shiny, fuel-efficient new cars if they traded in their old gas-guzzling clunkers? It was supposed to be a win-win situation for both the environment and America's struggling economy. » 1/06/13 1:00pm 1/06/13 1:00pm