Nebraska U.S. Senator Ben Nelson is still weighing his support for and extension of the Cash for Clunkers program. Senator Nelson says that he first wants to be certain that the funding source for the extension doesn’t add to the deficit.
“But, unfortunately, the proposed offset to pay for the additional two Billion dollars would not only come from the stimulus, but from the stimulus energy programs, providing loans for a number of projects, in biomass, hydrogen, solar – a number of areas that concern me.”
Senator Nelson says that he thinks it’s important to extend the program but the current proposal from the House isn’t appropriate.