The 'Big Beautiful Bill' proposed by the Trump administration has sparked intense debate in the Senate. While it addresses taxation and Medicaid, its potential impact on Social Security payments is a critical concern.

The 'One Big Beautiful Bill' introduces a temporary $4,000 deduction for seniors, but its real impact on low-income retirees is questionable. While marketed as historic tax relief, the measure may fall short for those relying solely on Social Security.

According to the SSA, recipients will pay federal income taxes on their benefits if their combined income (50% of their benefit amount plus any other earned income) exceeds $25,000/year filing individually or $32,000/year filing jointly. Instead of no tax on social security, the bill includes other tax relief for seniors.

The bill passed the House on Thursday, May 22, with all Democrats and two Republicans voting against it after an-all night debate.

GOP Sen. Rand Paul said Sunday that "the math doesn't really add up" on the cost of President Trump's "one big beautiful bill," outlining his opposition as the legislation moves to the Senate this week.

The U.S. House passed the One Big Beautiful Bill Act Thursday. The bill does not eliminate taxes on Social Security benefits, but it does provide other tax relief for seniors. In Vermont ...

The House passed the Big Beautiful Bill Act, a tax plan backed by President Trump. Despite campaign promises, the bill does not eliminate taxes on Social Security benefits. It does include a ...

A $4,000 senior tax break in a GOP bill offers partial relief but not full Social Security tax repeal. The measure now faces Senate challenges and fiscal scrutiny.