Trump, Social Security and Tax Bill
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Social Security is one of the biggest issues politicians in Washington must address in the next few years. Many retirees are feeling the pressure on their budgets due to rising inflation, despite automated cost-of-living adjustments for their monthly benefits.
One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on Social Security benefits.
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Soy Aire on MSNTrump's Social Security Tax Reform: From Bold Promises to Modest DeductionsThe Trump administration's initial promise to eliminate federal taxes on Social Security benefits has transformed into a more modest proposal. The current bill offers a temporary deduction, resulting in significant annual savings compared to the original plan.
Not satisfied with massive reductions to Medicaid, GOP lawmakers — with the president’s support — now have Medicare in their sights, according to NBC News. That would mean cuts to two of the U.S. government’s three big entitlement programs,
As Donald Trump pushes new tax cuts, experts warn of long-term risks to Social Security. Here’s how his policies could reshape benefits and the future of retirement.
For most Americans, Social Security income isn't a luxury — it's a foundational part of their financial well-being. More than two decades of annual surveys from national pollster Gallup have ...
Sen. Elizabeth Warren said a "petty social media fight" between President Trump and billionaire Elon Musk should not jeopardize U.S. national security.
Senate Republicans intend to propose revised tax and health-care provisions to President Donald Trump’s $3 trillion signature economic package this week, shrugging off condemnations of the legislation by Elon Musk as they rush to enact it before July 4.