An old car dropped in an industrial trash bin advertising the Cash for Clunkers program at Battlefield Ford in Culpeper, Virginia, August 1, 2009. REUTERS/Jonathan Ernst
WASHINGTON (AP) - The Senate is expected to approve $2 billion to keep the "cash for clunkers" running.
Extending the government's incentive plan would give car shoppers until Labor Day to trade in their gas-guzzlers and get a rebate up to $4,500. A vote is planned later today.
Senate Majority Leader Harry Reid announced the vote yesterday after lengthy negotiations between Democratic and Republican lawmakers.
The government says more than $775 million of the existing $1 billion fund has been spent. President Barack Obama says the program will go broke by Friday if it's not refilled by Congress.
The Senate departs for a monthlong recess at the end of the week.