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President Trump promised several tax cuts on the campaign trail, and one of them was the elimination of federal income taxes on Social Security benefits. However, the president's new tax proposal shows a different break for seniors,
President Trump visited the Capitol in an attempt to unify divided House Republicans on the multitrillion-dollar budget package that is at risk of collapsing before planned votes this week.
Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills several other campaign promises. "In the coming weeks and months, we will pass the largest tax cuts in American history — and that will include no tax on tips, no tax on Social Security, and no tax on overtime," he said.
The U.S. House of Representatives has unveiled a legislative package dubbed "One Big, Beautiful bill," a phrase President Donald Trump has now said several times on his various social media accounts or in front of media.
Starting next month, certain Social Security beneficiaries face up to 15% garnishment of their payments. Here's why.
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Explícame on MSN3 ways DOGE changed Social Security in the Trump AdministrationDOGE reforms under Trump cut SSA staff, closed offices, and tightened overpayment rules, making it harder for vulnerable groups to access Social Security benefits.
A foundational change to Social Security presented by President Trump would fundamentally weaken the program's financial outlook
Former President Donald Trump is considering changes to the Social Security program, sparking interest and speculation. Among the proposals is eliminating taxes on Social Security checks for retirees,
The agency currently has a backlog of approximately 575,000 applications thanks to a prior policy involved in the application process.
If Trump really wants to prevent massive cuts in benefits for the seniors who need Social Security most, he needs to push Congress to act now before it's too late. If he and his successors fail to act, cuts will go into effect automatically and indiscriminately. That's going to upset a lot of voters.
A group of House Republicans is warning new Social Security Administration Commissioner Frank Bisignano against making more staffing cuts or shutting local offices at an agency that is seeing increasing customer service wait times.
Lois Frankel's virtual town hall meeting details Democrats' resistance to Trump agenda with urgings for voters to keep up the fight.