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How Trump's new tax law impacts student loan borrowers, people shopping for cars and more

WBUR | By Here & Now Newsroom

Published July 7, 2025 at 10:49 AM CDT

President Donald Trump signs his signature bill of tax breaks and spending cuts at the White House, Friday, July 4, 2025. (Evan Vucci/AP)

We dig into specific examples of how President Trump’s huge new tax law benefits middle-class and wealthy folks more than low-income families.

Here & Now’s Scott Tong speaks with Jill Schlesinger, CBS News business analyst and host of “Jill On Money.”

This article was originally published on WBUR.org.

Copyright 2025 WBUR

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