US goverment burns another three billion tax payer money
Posted by admin . Published on 27 August 2009, Received
The US tax payers are going to pay a hefty price in the near future for all the lavish spending of the Obama administration, guided by US FED chief Ben Bernanke. In the last four weeks, the government has burned another three billion dollars of tax payers money in the cash-for-clunkers program that ended yesterday.
The car sales have been temporarily spiked up through the lavish program with 700000 car sales recorded under the program. The withdrawal of the scheme from today, is expected to hurt the car industry more in the next two months.
