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Virginia Foxx: “We eliminated the tax on auto loan interest for American…”

Featuring: Virginia Foxx, Republican | U.S. House North Carolina, District 5

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Published | Video Starts at 30:24

We doubled the small business expensing limit. We permanently extended the small business deduction. We delivered 6,000 bonus deduction to seniors on Social Security. We eliminated the tax on auto loan interest for American made cars. We permanently increased the child tax credit to $2,200. We eliminated the tax on overtime. We eliminated the tax on tips. We created Trump accounts to help children begin saving for their future. (30:24–30:30)

CLAIM

Asserts that the tax on auto loan interest for American-made cars was eliminated.

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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About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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