July 22, 2025

u.s. congress

Loans

Trump’s new car loan interest deduction: Who qualifies

How to control your finances on a tight budget Living on a tight financial budget? That doesn’t mean you can’t take control of your finances. Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able

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Funds

Local station KCLU to fundraise for loss of federal funds

Senate passes bill to cut funding to public broadcasting The bill to cut more than $9 billion from public broadcasting, foreign aid and more will move on for a final House vote, then to the president. The rescission bill passed by Congress ends funding for the Corporation for Public Broadcasting, including NPR and affiliates. KCLU

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Funds

Delta agrees to pay $8.1M to settle lawsuit on claims of misusing COVID funds

The U.S. Department of Justice announced Tuesday that they’d reached an agreement to settle allegations that Atlanta-based Delta Air Lines had misused $81. million in pandemic relief funding. According to the statement from USDOJ, the airline was accused of violating conditions placed on federal relief funds for payroll support by U.S. Congress. [DOWNLOAD: Free WSB-TV

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Crypto

Florida Republicans join Trump in boosting crypto ahead of House vote

John Kennedy   | Capital Bureau | USA TODAY NETWORK – FLORIDA What is the Senate’s Genius Act? The Genius Act, along with other crypto bills, will be reviewed by the House during “Crypto Week.” Two Florida representatives elected with support from the cryptocurrency industry are expected to back a new crypto regulatory bill. The GENIUS

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Investment

Trump’s tax law expected to spur U.S. factory investment but tariffs pose risks

Mark Niquette and Michael Sasso  |  Bloomberg US manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the president’s erratic trade policy risks tempering any pronounced pickup in capital investment. Many producers this year had put spending plans on hold due to uncertainty surrounding the tax and spending legislation

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Loans

Senate awaits ‘Big, Beautiful bill’ vote. How student loans may change

The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate

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Loans

RI $14.3B budget, casino smoking and payday loan bans pass on final day

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session on Friday, June 20. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget all were approved. Rhode Island

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Loans

RI lawmakers pass $14.3B budget, curbs on casino smoking, payday loans

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session in the early morning hours of Saturday, June 21. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget

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Funds

Primary care; RIPTA; ‘Taylor Swift tax’

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget Rhode Island House Democrats proposed a $14.3 billion budget that increases health care funding without raising income taxes on the wealthy. The budget includes a tax on second homes valued over $1

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Crypto

U.S. Crypto Market Structure Bill Unveiled by House Lawmakers

Crypto’s big show in the U.S. Congress has been unveiled in the form of a discussion draft of legislation that would establish for the first time a comprehensive domestic regime for regulating digital assets. The House Financial Services Committee and House Agriculture Committee — both sharing responsibility for the jurisdiction-hoping assets — released a working

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