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Consumer Auto Relief Act

Date: Jan. 9, 2009
Location: Washington, DC
Issues: Transportation Business and Consumers

Mr. ROGERS of Alabama. Madam Speaker, I rise today to discuss the Consumer Auto Relief Act, or CAR Act, a bill that I plan to introduce later today. This bill will provide a variety of incentives to the purchasers of new cars, and will incentivize lenders to loan the money to finance these new automobile purchases.

This legislation is about giving American consumers much needed tax relief. It's about stimulating consumer credit markets. It's about restoring consumer confidence. It's about jump-starting our stalled economy, and it should be a part of the new economic stimulus package.

I ask the House to support this bill.


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