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News

GOP mega bill won't end Social Security taxes

The Washington Post on MSN · 11h
Social Security letter on taxes sends confusing message, some experts say
The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly exempt those payments from taxes.
St. Louis Post-Dispatch · 2d
Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not
President Donald Trump keeps saying that Republicans' mega tax and spending cut legislation will eliminate taxes on federal Social Security benefits. It does not.
CBS News on MSN · 1d
Does the "big, beautiful bill" eliminate taxes on Social Security?
What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire in at the end of 2028.
Truthout
1d
Social Security Chief Celebrates Budget Bill That Could Slash Program’s Finances
The bill will accelerate depletion of Social Security and Medicare’s trust funds by a year, according to an analysis.
12h
Democrats hope Republicans just sealed their midterm election fates by voting for Trump’s ‘beautiful’ bill
As the House moved to pass the GOP's marquee bill, Democrats began testing out the attacks they hope will win them back ...

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