TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Thursday, December 10, 2009

Obama Proposes $12,000 "Cash for Caulkers" Program

President Obama has proposed a $12,000 "Cash for Caulkers" program, modeled after the "Cash for Clunkers" program.  Although the details are sketchy, the outline calls for a 50% rebate on up to $24,000 of purchases by homeowners of energy-efficient appliances and insulation.  It is expected to cost $23 billion over two years.

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Comments

This is obviously political retribution since I caulked my bathtub last week.

Posted by: mike livingston | Dec 10, 2009 7:19:55 AM

Creates jobs, saves energy, reduces greenhouse gases, good program.

Posted by: Vinergy | Dec 10, 2009 6:08:08 PM

Creates jobs that do not create value to our economy and will only slightly reduce a gas that has very little impact on the environment. Green is the new socialist red. Becareful what you support

Posted by: To Vinergy | Dec 10, 2009 6:23:01 PM