Mr. VAN HOLLEN. Madam Speaker, I rise in support of the CARS Act for the fleetwide fuel efficiency gains it will create, the energy security it will enhance, the air quality it will improve and the boost it will give our flagging economy.
Under this "Cash for Clunkers'' legislation, consumers with vehicles getting less than 18 MPG can get vouchers for $3500 towards the purchase of a new vehicle that gets at least 4 MPG better than the vehicle they are retiring--and $4500 towards the purchase of a new vehicle that gets at least 10 MPG better than the vehicle they are retiring.
While I am among those who would favor even stronger standards, this legislation nevertheless points American drivers in the right direction and will stimulate new car sales during a period of time when the auto industry and their dealer networks can use that business the most. I urge my colleagues' support.