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Published: Wed, 5 Aug 2009
Description: Senator Coburn on whether clunkers are really being traded in for more fuel-efficient cars
Automatically Generated Transcript (may not be 100% accurate)
" Well quick Condit had a -- to a vote senate majority leader Harry Reid telling his colleagues. No -- into the weekend if they don't vote to extend the program soon program. That was billed as a way to get gas guzzlers off the ropes but check out the guzzlers that are on the list of -- and get on the road. -- pick up truck. The Chevy Suburban the GMC Yukon not exactly the first vehicles you think one you say fuel efficient reason why Republican senator. Coburn of Oklahoma will be voting no senator what is this stand right now as far as its extension."
" Well it it'll go through probably the Senate tomorrow. They're negotiating on what amendments will be offered. They have the votes to bring this bill through so there's no reason to use parliamentary procedures to slow it down we can't stop it. But if there's an and they're Miller is an interesting if you go to Edmonds dot com and look at their commentary on this program you see that the average cost. For every car. That would've not been traded in that is traded in has about 45000 dollars pretty interesting comment period. By the people who are one of the leaders in terms of analysis of the."
" you know I'd I'd have you heard that argument and I'm wondering is -- justified even allowing for about it it's true when Edmunds dot com is hard to dispute on these and things. Cars -- are moving again suvs are moving again and this is an opinion you got to move it again great that's a place where what he's."
" I think it is a fiscal stimulus it's it's a fairly unfair one because if you need a washing machine at home that you don't need a car the very much and -- somebody to buy a car. But not empower you to buy your washing machine so. What -- what this is is a gift to American taxpayers. It's not a tax credit is just to give them but it's very disproportionate to those who have to need a car right."
" But it's a gift that's gonna keep giving -- because. No I'm not and again and again getting adapted for me then then then what do you want to let a lot of and the -- an extension you're gonna get that yeah."
" Ten billion dollars will become six billion by the time my grandkids pay -- That's number one and number two is we have eleven point six trillion dollars worth of debt this time next year we're gonna have thirteen point six trillion dollars worth of them. And then -- comparison to what what they unfunded liabilities are we."
" I understand but don't my current like to go back to the part of your group -- right -- where these devils are going. But on this -- program you think you probably will be extended as much fiercer grand. Would -- be extended again after attitudes dean's successor Rosie administration seems that things will they keep funding."
" I think he's he'll have the momentum to keep doing it keep doing thinking and it's kind of ironic we're gonna. We're gonna take money from taxpayers. -- to entice people to buy cars -- from companies that the taxpayers already own -- which they haven't paid off. Senator and I would I would also note that over 50% of those cars are not American made that's around that's -- another network on my own ordering over another Joe senator thank you mean to."
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