080425 ~ One Big Beautiful Bill - Mark Munzenberger

August 4, 2025 ~ Lucy Ann Lance is joined by Mark Munzenberger, Financial Specialist with the University of Michigan Credit union for this week's Money Monday! They discuss the personal finance aspects of the One Big Beautiful Bill. The bill includes making the Tax Cuts and Jobs Act permanent, increasing standard deductions, and introducing a tax deduction for interest paid on car loans that meet the final assembly in the US requirement. It also creates a $1,000 account for babies born between 2024-2028 and simplifies student loan repayment plans. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.