Obama gives details of 'Cash for Caulkers'

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A homeowner who buys materials to save energy - better windows or insulation, for example - would get 50 percent of the cost back, up to $1,500 for a $3,000 purchase. Those who hire experts to check their entire houses for energy-saving improvements and do major makeovers could qualify for rebates of up to $3,000.
The White House hopes that the idea catches on, much like last year's "Cash for Clunkers" money-back program for trading in gas-guzzling vehicles for more fuel-efficient ones. The building program - called Homestar but also known as "Cash for Caulkers" - would need approval from Congress. The White House is expected to ask for about $6 billion.

Obama gives details of 'Cash for Caulkers' energy-saving push
 

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