Senator wants review of ‘Cash for Clunker’ spending

Posted: Jan 07, 2010
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Ranking Senate Finance Committee member and Republican Senator from Iowa Charles Grassley, has asked the DOT for an accounting of the administrative costs for the ‘cash for clunkers’ program.

The program was risked out in a very ad-hoc manner, and this causes concern for Grassley. The Dept. has thus far spent $77 million and expects to keep the total to under $100 million. The legislation required the program to run in 30 days and that, says Grassley, creates an inherent risk error.

“‘Cash for clunkers’ was set up very quickly, and there hasn’t been an accounting of the administrative costs of the program,” Grassley said. “There also hasn’t been publicly available information about how contractors were picked to process the thousands of transactions that the program generated. My concern is the waste, fraud and abuse that may have resulted from the vulnerabilities that can come with such a quick start.”

- By: Stephen Calogera

Source: Detroit News


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  • zermatt

    Political witch hunt that is more a waste of time than anything else. The program was thrown together so quickly that it was a no brainer that there were going to be problems. The fact that the government couldn't pay the dealers on a timely basis should be an indication that there is other low hanging fruit.

    If there is money to be recovered or bureaucrats to be fired and held up for example, there better be a bunch of money and the bureaucrats better be high up.

  • zermatt

    Political witch hunt that is more a waste of time than anything else. The program was thrown together so quickly that it was a no brainer that there were going to be problems. The fact that the government couldn't pay the dealers on a timely basis should be an indication that there is other low hanging fruit.

    If there is money to be recovered or bureaucrats to be fired and held up for example, there better be a bunch of money and the bureaucrats better be high up.