New Car Tax Deduction Targets Interest on American-Made Vehicles

Tax cuts take effect before spending cuts in 'One Big Beautiful Bill'

Key parts of President Trump's massive "One Big Beautiful Bill Act" will take effect at different times.

New car tax deduction targets interest on American-made vehicles

The tax cut and spending package that was signed into law last week includes a tax deduction for interest on American-made vehicles.

Senate Bill Aims to Reduce Tax on Loan Interest for U.S.-Built Cars

One Big Beautiful Bill Is Big Betrayal Of Students (opinion) - Data Intelligence

In late June, House Republicans aired a promotional video about their budget reconciliation bill, the One Big Beautiful Bill Act, claiming it will “make the American dream accessible to all Americans again.” That dream—that anyone in this country can achieve prosperity and success through hard work and determination—is what leads people to come to America and stay. It’s no wonder that politicians invoke this promise as part of the reason for nee…

Statement: “The One Big Beautiful Bill” Puts ALS Families at Risk - Les Turner ALS Foundation

On July 4, 2025, “The One Big Beautiful Bill” was signed into law. It includes deep cuts to healthcare programs that people living with ALS and their caregivers rely on: Medicaid, Medicare, and the Affordable Care Act (ACA). These cuts, ... Read More The post Statement: “The One Big Beautiful Bill” Puts ALS Families at Risk appeared first on Les Turner ALS Foundation.