During his campaign, President Trump wrote on social media, "Seniors should not pay tax on Social Security." He has doubled down on that promise since the election. In February, White House press secretary Karoline Leavitt said President Trump would implement the "largest tax cut in history," including the elimination of taxes on Social Security.

The Social Security Administration announced Friday it's cutting 7,000 jobs, as Trump and Musk have claimed there's fraud at the agency.

Key Points President Trump has pledged not to cut Social Security. He’s also looking to help seniors keep more of their benefits. Trump will have to intervene to prevent Social Security from broadly reducing benefits.