President Trump promised several tax cuts on the campaign trail, and one of them was the elimination of federal income taxes ...

House Republicans' "one, big, beautiful" tax bill includes a new perk for older adults: a $4,000 deduction, framed as a ...

Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...

A foundational change to Social Security presented by President Trump would fundamentally weaken the program's financial ...

Social Security's trust fund is in danger of insolvency by 2035 unless strong measures and changes are undertaken.

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

Trump has said for months that he wanted to end the federal income tax on Social Security benefits. About 6.3 million ...

The bill includes more than $140 billion in spending on the Trump administration's plan to crack down on illegal immigration.

How the $4,000 senior bonus deduction compares with fully exempting Social Security benefits. Here's what to know about it.

Four out of 10 Social Security beneficiaries pay income tax on a portion of their benefits, according to the Social Security Administration. While on the campaign trail last ...

During the marathon Ways and Means Committee meeting scrutinizing the new Republican tax bill, Rep. John Larson (D-Conn.) ...

Here's how the bonus would work: Americans ages 65 and older who don't itemize their taxes would get a $4,000 bonus on top of the standard deduction, under the current proposed budget. The deduction ...