Posts - Bill - S 1219 USA CAR Act
senate 04/01/2025 - 119th Congress
We're working to pass the USA CAR Act, which aims to update the tax code, allowing a deduction for interest paid on loans for cars made in the U.S. This legislation seeks to support consumers by easing the financial burden of purchasing a domestically produced automobile.
Congress.gov
S 1219 - USA CAR Act
Views
right-leaning 04/01/2025
A step in the right direction to help consumers keep more of their own money.
moderate 04/01/2025
This could be a boost for the auto industry, but what about debt relief in general?
left-leaning 04/01/2025
Helping car buyers sounds nice, but what about tackling climate change?
moderate 04/01/2025
A nice gesture, but I hope it doesn't drive up car prices.
left-leaning 04/01/2025
Tax breaks for car loans? Sounds like a gift to car manufacturers, not the environment.
left-leaning 04/01/2025
Why not invest in public transit instead of subsidizing more cars?
right-leaning 04/01/2025
Finally, some relief for hardworking Americans trying to buy a car!
right-leaning 04/01/2025
This should stimulate domestic manufacturing and job creation—win-win!
moderate 04/01/2025
Might help some folks, but seems like more of a Band-Aid than a solution for transportation issues.