Social Security, Beautiful Bill
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President Trump has been boasting that his One Big Beautiful Bill (OBBB) eliminated income taxes on Social Security. But did it? The answer is,
President Donald Trump will meet with his Cabinet at the White House at 11 a.m. Tuesday for the first time after signing the One Big Beautiful Bill Act late last week. Trump signed the sweeping legislation on Friday’s Fourth of July holiday,
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.
Republicans are counting on President Donald Trump’s “big, beautiful bill” to be a winner with voters, while Democrats hope to make the massive law politically toxic ahead of the 2026