Barbara Mikulski: “My amendment does what the President said he wanted to do, and what the other side of the aisle says it wants to do, or…”

“My amendment does what the President said he wanted to do, and what the other side of the aisle says it wants to do, or the other side of my amendment says they want to do. The Mikulski amendment is timely, targeted, and temporary, and it is focused on saving jobs and creating jobs in the automobile industry. What does my amendment do? It does this. If you buy a passenger car, minivan or light truck within this year, you will get a tax deduction for your sales or excise tax and the interest on your car loan. It means a family could save approximately $1,500 on a $25,000 car purchase. Now, what does this amendment mean and what does it do? This amendment is actually about creating jobs.”