Lower the federal excise tax on trucks

Moreno’s plan would reduce the federal excise tax on trucks from 12% to 2%.

Context: Original statement date not established. Source collected on November 11, 2026.

In their own words

Lower the federal excise tax (FET) on trucks from 12% to 2%.

The source

Bernie Moreno: moreno-releases-6-point-reconciliation-plan-for-autos

Published: Original date not established; campaign context manually checked
Retrieved: 11/11/2026