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New Cash for Clunkers Program Targets Household Appliances

Early this year, the federal government will launch a cash for clunkers program that offers rebates for purchases of new efficient appliances. The success of the cash for clunkers  model with the automobile industry is now spreading to a new arena -appliances . In much the same way that the automobile program was designed to reward Americans for buying newer and more efficient vehicles in exchange for old gas guzzlers, the new program will provide small rebates to people who are replacing old appliances with new ones.

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