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Mikulski proposes plan to help automakers, consumers

Published 11/13/08

TOWSON — As the U.S. Senate contemplates a bailout for the nation's ailing auto manufacturers, Maryland's senior senator is proposing a plan to assist car dealers and consumers.

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Sen. Barbara Mikulski, D-Md., will introduce legislation during next week's lame-duck session to allow sales tax and loan interest deductions on new vehicle purchases.

The deductions could save buyers thousands of dollars and potentially spike lagging sales, Mikulski said.

"As the American automobile industry goes, so goes so much of our economy," she said. "The best way to help manufacturing is to stimulate...

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