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Cash for clunkers means more money for taxpayers
We're all in the car business now. Taxpayers have pumped $17.4 billion into General Motors and Chrysler in recent months. So it's a good idea for Washington to help the automakers sell some cars. A new tax break and President Barack Obama's pledge to back the ailing automakers' new-car warranties should help. But "cash for clunkers" legislation, which Congress is considering, would have an even...
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