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tax and spending cut bill

Coverage of tax and spending cut bill in the Nexus archive.

Earliest in view: Jun 18 · 22:21 UTCMost recent: Jun 18 · 22:21 UTC
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  • POLITICSJun 18 · 22:21 UTCGEORGIA RECORDER
    US Education Department offers two-year trim on student loan interest rates

    The U.S. Education Department will temporarily reduce interest rates for federal student loan borrowers enrolled in auto pay by 1% from July 1, 2026, through June 30, 2028. Borrowers already using auto pay will receive an additional 0.75% reduction, with the benefit costing the agency $6 billion. The announcement precedes broader changes to the federal student loan system, including new repayment plans and loan limits.