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Cato Institute

A collection of 2 posts
New Law Lets Many Deduct Auto Loan Interest, but Savings Are Likely Small — Static01.nyt.com
Politics

New Law Lets Many Deduct Auto Loan Interest, but Savings Are Likely Small

President Trump’s domestic policy bill enacted this summer created a new deduction, described in the law as “no tax on car loan interest,” allowing many taxpayers to deduct interest on auto loans for new cars assembled in the United States. The benefit applies between 2025 and 2028 and is
04 Jan 2026 1 min read
Musk Allies Argue DOGE’s Goal Was Government Overhaul, Not Finding $2T in Fraud — Cdn.arstechnica.net
Business

Musk Allies Argue DOGE’s Goal Was Government Overhaul, Not Finding $2T in Fraud

DOGE failed to uncover the vast $2 trillion in federal fraud that some reports say Elon Musk predicted, but his allies in government and Silicon Valley are reframing its mission as a broader push to remake how the federal government operates. Five unnamed allies told The Guardian that DOGE’s
02 Jan 2026 1 min read
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