Bernie Moreno bill would allow tax deductions for auto loan interest

U.S. Sen. Bernie Moreno, R-Ohio, seen here Jan. 15, 2025, has introduced a bill offering consumers a tax break on auto loan interest for vehicles assembled in the U.S. — Sen. Bernie Moreno has introduced a bill offering consumers a tax break on auto loan interest for vehicles assembled in the U.S. (GETTY)

April 11, 2025 04:55 PM

Former auto dealer and current U.S. Sen. Bernie Moreno, R-Ohio, has introduced a bill allowing tax deductions for the interest paid on loans for American-made vehicles.

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Bernie Moreno bill would allow tax deductions for auto loan interest

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