Cash 4 Clunkers - how much left in the til?

[TKY]

LakePrius, You have provided a good analysis of the situation. I think your conclusion is overly generous: I suspect the additional $2 Billion in funding won't last for weeks. The additional funding may have already been spent, so a buyer might have only hours or a day to get their paperwork submitted.

The challenge I see, is that the White House is telling consumers and dealers that deals in the pipeline will be honored; but the Senate hasn't approved the additional $2 Billion in funding. The White House can only spend what the legislature approves, so how will deals in the pipeline be approved, especially if the Senate attaches different, or additional, conditions to deals made under the additional $2 Billion? --TK