Trump's 'Big, Beautiful Bill' impact social security
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The new tax law accelerates the insolvency of the Social Security and Medicare trust funds, Marc Goldwein and Anthony Colavito write in a guest commentary.
President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.
Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new deduction.
Retired professor Larry White says the email message he got on July 4 from the Social Security Administration was unlike any he’s ever seen from the agency. “The Social Security Administration (SSA) is celebrating the passage of the One Big,
President Trump’s “big, beautiful bill” is sending mixed messages about whether most Americans are required to pay federal income taxes on their Social Security benefits.
President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a provision to help offset those levies.
President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal Social Security benefits