WASHINGTON (CNNMoney.com) -- The House on Tuesday waded deeper into the rescue of the troubled auto industry when it passed a $4 billion plan to subsidize new cars sales for consumers who scrap old ones.
By a vote of 298-119, the House approved the "cash for clunkers" program.
The measure would give consumers vouchers worth as much as $4,500 to turn in gas guzzlers and buy new cars that are more fuel efficient.
The legislation now goes to the Senate. President Obama has said he supports such a measure.
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