Not even a week into the official launch of Cash for Clunkers and the program may be tapped with its future now uncertain.  It is hard to believe that the $1 billion that was allocated for the program would last until November.  Even Congress initially thought that "Bucks for Old Trucks" fund needed more cash.  A prior version of the bill would have deposited $4 billion into the program.

A House vote is expected today to add more money, perhaps another $2 billion.  As soon as more details are announced, we will do an updated post.

Update: The House voted to add $2 billion to the program.  It will be taken up with the Senate on Monday, August 3.