Dealers Paid for Just 2 Percent of 'Clunkers' Claims
FOXNews.com ^ | August 16, 2009 | n/a
Posted on Monday, August 17, 2009 4:16:38 AM by Ron C.
Edited on Monday, August 17, 2009 4:19:23 AM by Admin Moderator. [history]
Sub-headline reads:
Rep. Joe Sestak says only 2 percent of claims have been paid and that four of every five applications have been "rejected for minor oversight."
The federal government has only reimbursed auto dealers for 2 percent of the claims they've submitted through the popular "cash for clunkers" program, a Pennsylvania congressman said, calling on the Obama administration to help speed up the process.
[snip]
"Failure to address delays with the cash for clunkers program will adversely harm auto dealers in the commonwealth of Pennsylvania and around the country -- undoubtedly forcing many out of business," he said in a statement.
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[from another article, 'Some Auto Dealers Still Await Reimbursement' - also available at the source link]
"[Dealers] have submitted requests for rebates on 338,659 vehicles sold, at a cost of about $1.4 billion to the government, according to sales data summarized by Transportation Department officials."
David Wilson, a Toyota dealer in Orange County, Calif., told Automotive News that he has been paid for only three of 92 claims he submitted before Aug. 2, leaving him on the hook for about $374,000. In total, he has 450 unpaid claims filed for $1.9 million.---
[Bottom line, maybe the headline should read, 'How To put non-GM dealerships out of business']
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If the govt cant even handle something this small, you have to be delusional tot hink Health Care will be any different.
