Group of Dealers Launches Private Auto Stimulus Program

As senators prepare to vote on whether to add $2 billion to the ballyhooed "Cash for Clunkers" program, some of the nation's largest dealerships have created a private stimulus package of their own, offering from $500 to $4,500 in incentives on top of the federal program.

(Fox News) - As senators get ready to vote on whether to add $2 billion to the ballyhooed "Cash for Clunkers" program, some of the nation's largest dealerships have created a private stimulus package of their own, offering prospective car-buyers from $500 to $4,500 in incentives on top of the federal program.

The dealers' package begs the question: Do taxpayers really need to kick in an additional $2 billion for the federal program now that private dealers are offering a similar -- or even better -- deal?