Commitment · Economy
Allow a deduction for automobile-loan interest
The commitment and its scope
Allow a deduction for automobile-loan interest
Summary in our words, not a verbatim quotation. The linked statement provides the full wording.
- When stated
- 2023–2024 campaign
- Deadline or condition
- No fixed deadline established in this record
- Who can deliver
- Congress and executive agencies; prices also depend on markets
What the evidence establishes
The law established a temporary deduction for eligible new U.S.-assembled vehicles, with income and annual limits.
PolitiFact's published rating: Promise Kept. The navigation label is Kept.
The assessment date identifies the evidence summarized here. A later catalogue review or automated check does not make an older assessment a new investigation.