Social Security, Big Beautiful Bill
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President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.
The annual cost-of-living-adjustment isn't keeping up with inflation, according to The Senior Citizens League advocacy group.
President Donald Trump's "Big, Beautiful Bill" includes significant changes for those who receive social security.
Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new deduction.
The newly passed legislation awaits Trump's signature in a White House ceremony on Friday following a 218-214 vote in the House.