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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 at the end of 2028.
Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.
One health policy professor said cutting Medicaid and similar programs "will be devastating" to millions of Americans.
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