Comments on: House to Vote This Week on Weak ‘Cash for Clunkers’ Plan http://sf.streetsblog.org/2009/06/08/house-to-vote-this-week-on-weak-%e2%80%98cash-for-clunkers%e2%80%99-plan/ Covering San Francisco's livable streets movement Sun, 21 Mar 2010 18:33:52 -0800 http://wordpress.org/?v=2.8 hourly 1 By: taomom http://sf.streetsblog.org/2009/06/08/house-to-vote-this-week-on-weak-%e2%80%98cash-for-clunkers%e2%80%99-plan/comment-page-1/#comment-6076 taomom Mon, 08 Jun 2009 23:15:36 +0000 http://sf.streetsblog.org/?p=2357#comment-6076 I am not a wild fan of "cash for clunkers," but a really important difference in Feinstein's version is that the "cash" could be used towards transit instead of buying a new or used car. This is huge and worth fighting for. Here are the specifics from Feinstein's website: "The bill specifies that during the first year of the program, vouchers will be issued for the following amounts: * For traded-in vehicles that are model year 2002 and later, drivers would receive a voucher for: o The purchase of a new vehicle: $4,500 o The purchase of a used vehicle: $3,000 o Transit fare credit: $3,000 * For traded-in vehicles that are model year 1999 – 2001, drivers would receive a voucher for: o The purchase of a new vehicle: $3,000 o The purchase of a used vehicle: $2,000 o Transit fare credit: $2,000 * For traded-in vehicles that are model year 1998 and earlier, drivers would receive a voucher for: o The purchase of a new vehicle: $2,000 o The purchase of a used vehicle: $1,500 o Transit fare credit: $1,500" So we could potentially get cars off the roads and turn people into transit riders. This is way, way, way better than the pathetic bill going down in the House. On this one, I think Feinstein deserves our full-throated support. I am not a wild fan of "cash for clunkers," but a really important difference in Feinstein's version is that the "cash" could be used towards transit instead of buying a new or used car. This is huge and worth fighting for. Here are the specifics from Feinstein's website:

"The bill specifies that during the first year of the program, vouchers will be issued for the following amounts:

* For traded-in vehicles that are model year 2002 and later, drivers would receive a voucher for:
o The purchase of a new vehicle: $4,500
o The purchase of a used vehicle: $3,000
o Transit fare credit: $3,000
* For traded-in vehicles that are model year 1999 – 2001, drivers would receive a voucher for:
o The purchase of a new vehicle: $3,000
o The purchase of a used vehicle: $2,000
o Transit fare credit: $2,000
* For traded-in vehicles that are model year 1998 and earlier, drivers would receive a voucher for:
o The purchase of a new vehicle: $2,000
o The purchase of a used vehicle: $1,500
o Transit fare credit: $1,500"

So we could potentially get cars off the roads and turn people into transit riders. This is way, way, way better than the pathetic bill going down in the House. On this one, I think Feinstein deserves our full-throated support.

]]>