Wisconsin Congressman Glenn Grothman, joined by US House colleagues from both parties, has introduced the Student Loan Marriage Penalty Elimination Act, which would amend the tax code to protect marriage by ensuring that student loan interest is tax-deductible for each spouse independently. Grothman says, quote, “I’m proud to introduce the Student Loan Marriage Penalty Elimination Act to alleviate American households of an unnecessary marriage penalty in the arena of student loans.”
Grothman is continuing his excellent track record on protecting marriage by ending anti-marriage rules and regs. Under current law, if a married couple with each spouse having a student loan files jointly, they can deduct only twenty-five hundred dollars, whereas under this bill, they would be able to deduct five thousand dollars. That’s a pro-marriage move!
