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 ...

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

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 ...

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

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

The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.

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 ...

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

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 ...

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