$300 to Buy a New Chevy? No Deal.

We never liked Sen. Barbara Mikulski's new car tax break provision in the stimulus bill, especially after she refused our call to extend the deal to hot rods as a sort of psyc drug for out of work gearheads. (Since Barb is our senator, we sent her an email on the Rumblenote proposal. She did not respond.)
Now the bill likely to land on Obama's desk includes a tax break that is like a stock jalopy with a set of rusty glasspacks -- it's all rumble and no roll.
The reworked plan allows new car buyers to write off sales and excise taxes, but not loan interest. It will save you $300 to $600. Makes me want to run out and buy a Pontiac.