A Clunker Card for the Clunker Bill?

The US House of Representatives passed a bill on Monday that sets aside $4 billion to subsidize new car purchases by consumers who scrap their old clunkers. The legislation is now moving to the Senate and, according to CNN, is supported by President Obama.

Maybe what this country needs is a Clunker Card to go with this "clunker bill". When you make your purchase, the dealer uses the Clunker Card to authorize the subsidy, allowing the Federal government to track usage, etc.? Think of the psychological power that card will exert on consumers who receive it - they'll just have to spend it!

Reminds me of the American Gift Card that Dan Newman first proposed in an op-ed in the Washington Post earlier this year!