Overhaulin'

Senate votes to give a tax break to new car buyers

Summary: By ANDREW TAYLOR The Senate voted Tuesday to give a tax break to new car buyers, setting aside bipartisan concerns over the size of an economic stimulus bill with a price tag approaching $900 billion. The vote was 71-26 to allow many car buyers to claim an income tax deduction for the cost of automobile sales taxes and interest payments on car loans. Sen. Barbara Mikulski, D-Md., said the plan ...

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