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Bernie Moreno: “I have another bill that makes auto interest deductible if…”

Featuring: Bernie Moreno, Republican | U.S. Senate, Ohio

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Podcast Discussion on Revitalizing the American Auto Industry with Senator Bernie Marino and Jason Stein

Published | Video Starts at 12:03

I mean that's an incredible opportunity for car dealers. And we're also, by the way, going to lower interest rates. Right. That helps a lot as well. I have another bill that makes auto interest deductible if you buy an American made automobile. And again, permitting reform, tax reform. We're going to give you certainty. We're going to make the tax reform in 17 permanent reset the investment tax credit and the R and D tax credit. (12:03–12:09)

CLAIM

Asserts that there is a bill to make auto interest deductible for American-made automobiles.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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