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080425 ~ One Big Beautiful Bill - Mark Munzenberger


Author: Cumulus Media Detroit August 4, 2025 Duration: 10:06
Podcast episode
080425 ~ One Big Beautiful Bill - Mark Munzenberger
The Lucy Ann Lance Show

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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.

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