H.R.1550 - Consumer Assistance to Recycle and Save Act of 2009

To accelerate motor fuel savings nationwide and provide incentives to registered owners of high polluting automobiles to replace such automobiles with new fuel efficient and less polluting automobiles or public transportation. view all titles (2)

All Bill Titles

  • Short: Consumer Assistance to Recycle and Save Act of 2009 as introduced.
  • Official: To accelerate motor fuel savings nationwide and provide incentives to registered owners of high polluting automobiles to replace such automobiles with new fuel efficient and less polluting automobiles or public transportation. as introduced.

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  • lawstud 04/17/2009 8:18pm

    This would save the auto industry in America. But more than $5,000, more like $10,000 for high mileage cars and bonus dollars for lower mileage vehicles getting off the road. Incentives for trucks? Seriously the hypocrisy.

  • lawstud 04/17/2009 8:45pm

    There needs to be a provision that the owner of the vehicle has been the owner for the last 2 years to prevent people from suddenly buying junkers to flip for a profit.

  • Comm_reply
    lawstud 04/17/2009 8:48pm

    If you can show that then you should be able to combine vouchers!

  • whosetosay 05/05/2009 11:23am

    Where is this money coming from and why is the federal government in the automobile “incentive” and “warranty” business?

  • Comm_reply
    lawstud 05/05/2009 3:07pm

    Money comes from the future grow of the economy and in actuality future tax revenues. As more people are born and come into this country the money supply has to increase otherwise we risk deflation.

    What happens is every year the government prints 4-15% more money to spend. If they don’t print the money we will fall back from inflation to deflation. Because if you aren’t inflating the currency you are deflating it. Deflation is what caused the depression to become the great depression. It kills margins and causes widespread unemployment since no one can make money.

  • Comm_reply
    lawstud 05/05/2009 3:07pm

    Welcome to controlled inflation. You’re question does raise the fundamental question, how much inflation can we sustain. The answer is not much more for much longer. The feds have printed a lot more money and sold bonds this year than they ever had in the previous 8 years. We are now officially a banana republic. Enjoy it, the inflation is also a tax on the world since they hold our currencies as reserve. We are in essence lowering tomorrows obligations to repay today’s debt. That is why the Chinese threatened to dump their dollar reserves. They won’t until they figure a way around it. That’s why they want an IMF currency which they floated lately. Yeah right we’ll do that, we already have a global currency, ours.

  • Waiting2Trade 05/26/2009 2:06pm

    Push for this bill to be approved as fast as possible. It will greatly help new car sales and the manufacturing industry (JOBS). Speaking for my self I drive an older SUV (15 mpg) and I would very much like to trade for a newer more fuel efficient vehicle. But when you go to trade as you well know you don’t get much for your trade with having an older car, making it discouraging to want to buy a new car. This bill H.R.1550 will help balance that out. Giving the new car buyer a $5000 dollar voucher to buy a new more fuel efficient vehicle. I do know people are WAITING for this to pass and by WAITING it only hurts car sales even more. That’s why its so important to get this passed as soon as possible. It worked in Europe to stimulate the economy it will work here too. The President is for it and the American people are too.

  • katherinewatterson 06/03/2009 3:43pm

    alrighty lawstud, tell me where in the constitution congress has the authority do spend taxpayers dollars like this.

  • Waiting2Trade 06/08/2009 8:38pm

    Its ok to give billions to bailout various banks, insurance companies, car companies, etc. but to help out Mom and Dad to buy a new car the claws come out. Surely we can use some of the stimulus money to help out American family’s and the car manufacturing industry’s. I know car sales are stagnant right now and this bill will kick star the economy.

  • goby 07/23/2009 8:02am

    It sounds like you want to get rid of the cars that people with limited income can afford and force them to purchase a new car which they cant afford and the tax payers will pick up the cost of the vouchers and costs for repossesion of the vehicles because they cant pay. Remember the housing industry problems when we basically told everyone could own a house regardless of income now we want to do it again.


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