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Tuesday, August 18, 2009

Auto Dealers Paid For Just 2 Percent Of 'Clunkers' Claims, Congressman Says


Rep. Joe Sestak says only 2 percent of claims have been paid and that four of every five applications have been "rejected for minor oversight."

The federal government has only reimbursed auto dealers for 2 percent of the claims they've submitted through the popular "cash for clunkers" program, a Pennsylvania congressman said, calling on the Obama administration to help speed up the process.

Rep. Joe Sestak, D-Pa., called for "immediate action" to address the problem in a statement Sunday, after writing a letter to President Obama Saturday expressing his concerns.

In the letter, Sestak said only 2 percent of claims have been paid and that four of every five applications have been "rejected for minor oversight."

In recent days, auto dealers across the country have been complaining that the reimbursement payments are slow to process. And they said some of their applications were being rejected because of apparent procedural issues. The statistics Sestak cited suggest those complaints are not based on isolated incidents.

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5 comments:

doug wilkerson said...

Just open the treasury doors and let the auto dealers go in and take what they need/want, worked for the bankers.

Anonymous said...

The Chinese have enough cars to melt down now to make another nuke-sub. There is a ship of Fools here somewhere.

Anonymous said...

Sure, these same bureaucrats can administer the health care for a whole nation. NOT!

Are you scared? If you aren't then you aren't paying attention to what's happening in this once great country of ours.

Anonymous said...

Maybe the printing press ran out of ink.

Anonymous said...

Democrats can't run cash for clunkers do we really want them handling our health care ?