News

The One, Big, Beautiful Bill recently passed the Senate with provisions that would increase after-tax income for millions of ...
WASHINGTON (AP) — President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate ...
An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund ...
The bill creates a new deduction specifically for seniors 65 and over, which would relieve the tax burden on some 88% of them ...
The bill that passed the Senate includes a $6,000 senior tax deduction, compared with the House’s $4,000 deduction.
Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not quite the case.
Despite Trump’s pledge to end Social Security taxes, the GOP’s new bill stops short, offering only higher deductions for seniors due to fiscal and legislative limits.
The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.